DBS Chola To Enhance Distribution Network

Kolkata: DBS Cholamandalam Asset Management Limited has firmed up plans to expand its distribution network for marketing its various funds, including the recently unveiled DBS Chola Infrastructure Fund. They are looking at having a large pool of retail distributors and direct selling agents to facilitate greater penetration of our fund schemes. They also intend to launch a PE(private equity) fund but as of now, nothing is finalised. DBS Chola Infrastructure Fund is a three-year close-ended equity fund with automatic conversion into an open-ended scheme on maturity. The fund looks to generate capital appreciation by investing in equity and equity related instruments of companies that are hoped to benefit from the infrastructure development of the country.