DBS Chola Mutual Fund has filed offer document with Sebi to launch DBS Chola Select Income Fund, which is an open-ended income scheme. The NFO price for the fund is Rs 10 per unit. The scheme will offer two plans- Flexi Debt Fund: Institution Option and Retail Option. Regular Debt Fund: Institution Option and Retail Option. Besides this, each option will have following sub option: Dividend, Growth, Quarterly Dividend and Bonus. Flexi Debt Fund and Regular Debt fund will have separate portfolio.
The scheme seeks to generate regular returns and capital appreciation by investing in debt along with government and money market securities.
The scheme seeks to generate regular returns and capital appreciation by investing in debt along with government and money market securities.
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