Wednesday, October 22, 2008

DBS Chola MF Files An Offer Document - Oct 22, 2008

DBS Chola Mutual Fund filed an offer document to (Securities And Exchange Board of India) Sebi to launch new fund namely DBS Chola Tax Advantage Fund - Series I, a 10 year close ended equity linked saving scheme.The new issue price will be Rs 10 per unit.The investment objective of the Scheme is to seek to generate long-term capital growth from a diversified.

portfolio of predominantly equity and equity-related securities and also enabling investors to get income tax rebate as per the prevailing.Tax Laws and subject to applicable conditions. The scheme two options namely dividend payout and cumulative option. Both the options i.e. dividend and cumulative under scheme.

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