Deutsche Mutual Fund has introduces the additional plan, Institutional plan under the DWS Premier Bond Fund and DWS Short Maturity Fund. The changes will come into effect from 11 December 2008. The details of the Institutional plan under DWS Premier Bond Fund.The institutional plan will offer growth and dividend options. Dividend option will have monthly, quarterly and annual reinvestment & payout facility, The minimum application amount under the institutional plan, is Rs 50 lakh and in multiples of Re 1 thereafter.
The Plan will not ask any entry nor exit load. The scheme will invest upto 60%-100% in debt instruments including government securities and corporate debt. And invest upto 40% in money market instruments. Debt securities may include securitised debts upto 50% of the net assets. The scheme may invest in foreign debt securities upto 25% of the net assets. DWS Premier Bond Fund is an open ended debt scheme with an investment objective to provide regular income by investing in debt securities including bonds and money market instruments.
The Plan will not ask any entry nor exit load. The scheme will invest upto 60%-100% in debt instruments including government securities and corporate debt. And invest upto 40% in money market instruments. Debt securities may include securitised debts upto 50% of the net assets. The scheme may invest in foreign debt securities upto 25% of the net assets. DWS Premier Bond Fund is an open ended debt scheme with an investment objective to provide regular income by investing in debt securities including bonds and money market instruments.
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