Wednesday, April 2, 2008

DBS Chola MF declares dividend for its Interval Income Fund

DBS Chola Mutual Fund announced 4 April 2008 as the record date for declaration of dividend under dividend option of both retail and institutional plan of DBS Chola Interval Income Fund-Quarterly Plan B.

The fund house has decided to distribute 100% of surplus available as on record date. The NAV for the scheme was Rs.10.0146 as on 31 March 2008.

DBS Chola Interval Income Fund-Quarterly Plan B is an open-ended income scheme. The objective of the scheme is to generate regular income through investments in debt including securitised 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.

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