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DBS Chola MF has
announced the launch of DBS Chola Fixed Maturity Plan - Series 9 (13-month plan). The fund is a close-ended income scheme with an objective to generate regular returns and capital appreciation by investing in debt (including securitised debt), government and money market securities normally maturing in line with the time profile of the respective Plans. The fund offers redemption facility on the maturity date without payment of any load. The new fund offer closes for subscription on June26. Redemptions before the maturity date will be subject to 2 per cent exit load. The fund offers retail and institutional plans. The minimum application amount is Rs 5000 and in multiples of Re 1 under the retail plan.
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