Monday, June 30, 2008

Deutsche MF Files Offer Document With Sebi - June 30, 2008

Deutsche Mutual Fund filed offer document with Sebi to launch Deutsche DWS Dual Advantage Fund-Series 2-Plan A & B.

The scheme is close-ended debt fund with a duration of 12-36 months. The investment objective of the fund is to generate regular income by investing in fixed income securities / money market instruments usually maturing in line with the time profile of the fund.

The scheme offers dividend and growth option The dividend option will further provide a sub option of payout.

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