DBS Chola Small Cap Fund has debuted at Rs 9.41 per unit as against a face value of Rs 10 per unit. The scheme, whose initial public offering closed on 20 December 2007, has re-opened for fresh investments and sales.
DBS Chola Small Cap Fund is a 3 years close-ended equity fund with an automatic conversion into an open ended scheme on expiry of 3 years from the date of allotment. The scheme was launched on 20 November 2007.
The objective of the scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies with small market capitalization. Small-cap companies for the purpose of the fund are companies whose market capitalization is in between the highest and lowest market capitalization of small-cap companies on BSE Small Cap Index at the time of investment.
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