Open ended fund scheme announced by DSP

Asset management company DSP BlackRock Investment Managers, a joint venture between the DSP Group and BlackRock, today announced its open ended fund scheme - Dynamic Asset Allocation Fund (DAAF).
The first of its kind scheme would manage the asset allocation between the specified equity mutual fund schemes and debt mutual fund schemes of DSP BlackRock Mutual Fund, BlackRock Investment Managers, Executive Vice-President and Head of Business Development, Pankaj Sharma said.
"DAAF resets asset allocation automatically and therefore seeks to eliminate confusion and hesitation about timing the market. Investing today is challenging for investors as they can get confused by market volatility," he said in a statement.

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B2B Portal For Home Design Professionals * Startup Village incubated company Sewesys Software Labs Pvt Ltd has launched Yabeen.Com - a web portal that aims to connect home design professionals and brands with potential customers.
The website is essentially a social networking -cum- B2B platform that helps brands, sellers and home design professionals (like architects, engineers and interior designers) promote their products and services,and also assists potential customers make intelligent decisions, while choosing the right products and services to craft their homes, a press release said.

Yabeen.Com is a win-win service for both home design enthusiasts and potential customers for home design services.

Customers can register their profiles for free in Yabeen.Com and search for the right professionals, building materials, services or products in home-design. The website caters to almost every service required by a person who is building a new home or is renovating his/her house.
"We have been receiving great response from our users' right from the beginning," said Shibin K Sebastian, Sewesys Software CEO, the company behind Yabeen.Com.