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DBS Chola MF
launches FMP
DBS Chola MF has launched DBS Chola Fixed Maturity Plan Series 11 (13 months), a close-ended fund. The fund, which matures on September 28,2009, will invest in debt (including secu-ritised debt), government and money market securities maturing in line with the time profile of the plan. It will benchmark its performance against Crisil Short
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Term Fund Index. The fund will attract an exit load of 2 per cent in case of any redemption made before maturity. It opened on August 21 and is available for subscription till August 28.
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