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New Delhi May 6 DSP Merrill Lynch Mutual Fund is likely to launch next month an open-ended fund of funds that would primarily invest abroad in the Merrill Lynch International Investment Funds — World Gold Fund (MLIIF-WGF). "We are looking to raise at least $100 million here for the gold fund. SEBI has already given its approval. It is likely to be launched next month," Mr S.N. Lahiri, Senior Vice-President, DSP ML, said. MLIIF-WGF mainly invests in equities of companies that are into gold mining. It does not hold gold in physical form

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DSP ML plans $100-m fund

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