Monday, November 17, 2008

Revises Load DBS Structure For Various - Nov 17, 2008

DBS Chola Mutual Fund has revised the load structure of following schemes for investments made on or after 17 November 2008.DBS Chola Growth Fund, DBS Chola Midcap Fund, DBS Chola Opportunities Fund, DBS Chola Contra Fund, DBS Chola Multi Cap Fund, DBS Chola Global Advantage Fund, DBS Chola Hedged Equity Fund:

The revised entry load under above mentioned funds is 2.25% for an investment up to Rs 2 crore and nil for investment more than Rs 2 crore.There will be exit load of 1% if units are redeemed within 6 months and 0.50% if units are redeemed after 6 months but within 1 year.

DBS Chola Tax Saver Fund: It is proposed to charge an entry load of 2.25% for investments up to Rs. 2 crore and nil for investment more than Rs 2 crore. Exit load is remain unchanged.

DBS Chola Interval Income Fund - Monthly Plan A: The exit load has been revised to 1.5% if units are redeemed on any other day other than during the specified transaction period. No entry load will be levied.

No comments: