DBS Chola Mutual Fund has announced the dividend under dividend option of DBS Chola Fixed Maturity Plan - Series 7 Quarterly Plan -IV. The record date for the declaration of dividend is 29 August 2007. The dividend to be declared will be the entire appreciation in NAV of the dividend plan since 1 June 2007 till the record date i.e. 29 August 2007.
The scheme seeks to generate regular returns and capital appreciation by investing in debt including securitiesed debt, government securities and money market securities normally maturing in line with the time profile of the respective plans.
Source : www.indian-commodity.com
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