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Monday, August 25, 2008
DBS Chola MF launches FMP
Publication: The Indian Express, Edition: Delhi/Kolkata/Mumbai, Supplement: Express Money, Journalist: Bureau, Page No: 2, Location: Bottom-Left, Width(cms): 6, Height(cms): 7
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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
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.