DSP Merrill Lynch has launched trust services for high net worth individuals in Northern India. "The threshold limit for availing Trust Service is Rs four crore ($991,000) and we target to rope in at least one per cent of 1,000,000 [US dollar] millionaires in the country," Merrill Lynch chief trust officer, Kevin Horrocks, told the local press. DSP Merrill has around 8,000 wealth management clients in India, according to press reports.