Engages in the discovery, development, production of natural resources and alternative energy. DSP Mutual Fund has collected Rs 265 crore through its DSP ML Natural Resources And New Energy Fund during its initial offer period from 3 March 2008 to 27 March 2008. DSP Merrill Lynch Natural Resources And New Energy Fund is an open-ended equity growth scheme. The primary investment objective of the scheme is to seek to generate capital appreciation and provide long term growth opportunities by investing in equity and equity related securities of companies domiciled in India whose pre-dominant economic activity is in the discovery, development, production, or distribution of natural resources, viz., energy, mining etc; alternative energy and energy technology sectors, with emphasis given to renewable energy, automotive and on-site power generation, energy storage and enabling energy technologies.
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