DBS Chola Fixed Maturity Plan Series 11 (13 months) has been developed taking into consideration requirements of investors who want a better post tax yield as well as for investors who are risk averse and looking to receive stable returns.

DBS Chola MF announced the launch of its close-ended fund, DBS Chola Fixed Maturity Plan Series 11 (13 months). The fund seeks to generate regular returns and capital appreciation by investing in debt (including securitized debt), Government and Money Market securities maturing in line with time profile of the respective plans.  The Benchmark for the fund will be Crisil Short Term Fund Index.  

DBS Chola Fixed Maturity Plan Series 11 (13 months) has been developed taking into consideration requirements of investors who want a better post tax yield as well as for investors who are risk averse and looking to receive stable returns.

The maturity date of the scheme is September 28th 2009 and investors can opt between a Cumulative or Dividend options. The scheme will not have any entry load but it will have a 2.00% exit load if redeemed before maturity.

The minimum application amount is Rs 5000/- and in multiples of Re 1/- thereafter under retail plan & Rs. 10 lacs and in multiples of Re.1/- thereafter for Institutional plan. The fund opens on August 21st and closes on August 28th, 2008

NFO opens:  August 21, 2008    NFO Closes: August 28, 2008