DBS Chola MF offers Interval Income Fund - Monthly Plan A

Name of Fund: DBS Chola Interval Income Fund- Monthly Plan A

Scheme: The fund is a debt oriented interval income fund. The specified interval period for the fund is 30 days. The fund will offer liquidity at monthly intervals during the specified transaction period without any payment of entry/exit loads. The specified transaction period for DBS Chola Interval Income Fund - Monthly Plan A would be 15th of every month. In addition, the fund will also offer Redemption/ Switch-Out facility on an ongoing basis, subject to payment of applicable loads.

Objective: The scheme seeks to generate regular income through investments in debt (including securitized debt), money market and government securities normally maturing in line with the time profile of the respective plans and also with a provision to offer liquidity at periodic interval.

Asset Allocation: The fund would invest 65% - 100 % in debt and money market instruments. The debt investment includes investment in securitised debt. It will also invest 0% - 35% in government securities.

Specified transaction date: 17 December 2007

Yield on the scheme: For Institutional Plan 8.80% For Retail Plan 8.60%

Investment Options: The scheme offers retail and institutional plan. Both plans offers two cumulative option and dividend option. The dividend options will have payout and reinvestment facility.

Load: The scheme does not charge any entry load to the investors. The scheme will charge 0.1% if investment is redeemed on any other day than during the specified transaction period.

Minimum Investment Amount: The minimum investment amount under retail plan is Rs. 5000 and in multiples of Re. 1 thereafter. For institutional plan, the minimum investment amount is Rs 1 lakh and in multiples of Re 1 thereafter.