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DBS CHOLA Mutual Fund has launched a close-ended fund, DBS Chola Fixed Maturity Plan Series 10 - Quarterly Plan I (91days).The fund will invest in debt, corporate bonds, and Government and money markets securities maturing in line with time profile of the plan.
The fund will not charge any entry load but there will be an exit load if redeemed before maturity. The minimum investment is Rs 5,000.The new fund offer closes on August 20.
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