Business Daily from THE HINDU group of publications Wednesday, Aug 08, 2007 ePaper |
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Markets
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New Fund Offer
Mr M.M. Murugappan (right), Director, DBS Chola Trustees, with Mr R. Rajagopal, CIO, DBS Chola MF at a press conference to announce the launch of Infrastructure Fund in Mumbai on Tuesday. –
Our Bureau Mumbai, Aug. 7 DBS Chola Mutual Fund has launched DBS Chola Infrastructure fund, a three-year close-ended fund, which aims to generate capital appreciation by investing predominantly in equity and equity-related instruments of companies expected to benefit from the infrastructure development activities in the country. The fund would look at investing in companies delivering superior earnings growth and will have no market capitalisation bias investing across sectors. The new fund offer opens on August 7 and closes on September 6. The scheme provides cumulative and dividend option, and the minimum application amount is Rs 5,000. The scheme has been benchmarked against the S&P CNX Nifty index.
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