DBS Chola Mutual Fund filed an offer document to launch DBS Chola Fixed Maturity Plan Series 11. Scheme: It is a close-ended income scheme with two plans. The first plan will be of 13 months while other will be for 18 months. The primary objective of the scheme is to generate regular returns and capital appreciation by investing in debt, government and money market securities normally maturing in line with the time profile of the respective plans. The scheme two options namely dividend payout and cumulative option.
The scheme will invest 65% -100% of its portfolio money market instruments, corporate bonds, debt and Government securities. The scheme will also invest up to 35% in securitised debt.
The scheme will invest 65% -100% of its portfolio money market instruments, corporate bonds, debt and Government securities. The scheme will also invest up to 35% in securitised debt.
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