DBS Chola Mutual Fund (MF) extended the closing date of New Fund Offer period of DBS Chola Fixed Maturity Plan Series 11(13 Months). As per the announcement the closing date of NFO has been extended to 4 September 2008. Earlier the scheme was to close on 28 August 2008. The new fund launched for fresh subscription on 21 August 2008. DBS Chola Fixed Maturity Plan Series 11 is a close-ended income scheme. The maturity of the fund is 13 months i.e. maturity date of the scheme is 28 September 2009. The NFO price for the fund is Rs 10 per unit. The investment objective of the schemes to generate regular returns and capital appreciation by investing in debt including securitised debt, government and money market securities normally maturing in line with the time profile of the respective plans.
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