Business Daily from THE HINDU group of publications
Wednesday, Apr 18, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Markets - New Fund Offer
DWS Investments launches capital protected scheme

Our Bureau

Mumbai April 17 DWS Investments (DWS), the retail mutual fund arm of Deutsche Bank, on Tuesday launched the first in a series of structured and capital protected products — DWS Capital Protection Oriented Fund, through Deutsche Asset Management India (DeAM India).

The DWS Capital Protection Oriented Fund has been assigned AAA rating by Crisil. It is a close-ended fund with a three-year maturity period.

The New Fund Offer (NFO) started on April 10 and ends on May 3.

The fund's main objective is to protect the investors' capital by investing in high quality fixed income securities and generate capital appreciation by investing in equity and equity related instruments in BSE-500 companies.

The fund would invest 80-100 per cent of net assets in debt securities and money market instruments and 0-20 per cent of net assets in equities and equity-linked instruments.

Minimum investment in the fund is Rs 5,000 and in multiples of Re 1, thereafter.

More Stories on : New Fund Offer

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
IOB gets RBI nod for financial services arm


UTI `Goldshare' makes its debut on NSE
DWS Investments launches capital protected scheme
Volatile movement
Kadel Insurance bags more clients
SEBI fiat: Fixed maturity plans, liquid, floating funds may have to act fast
Markets take a breather after strong rally
PowerGrid files draft prospectus for IPO
Simplex Projects plans IPO


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line