Business Daily from THE HINDU group of publications Wednesday, Nov 21, 2007 ePaper | Mobile/PDA Version |
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Markets
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New Fund Offer
Mr R. Rajagopal, Chief Investment Officer, DBS Chola Mutual Fund, addressing a press conference during the launch of the fund in Mumbai on Tuesday. — Our Bureau
Mumbai, Nov. 20 DBS Chola Mutual Fund has launched three-year close ended DBS Small Cap Fund. The fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related instruments of companies with small market capitalisation. The new fund offer will be open for subscription from November 20 to December 20. The scheme will offer both cumulative and dividend options. Units will be offered at Rs 10 per unit. The minimum application amount is Rs 5,000 and in multiples of Re 1 thereafter. Independent ResearchTo pursue its investment objective, DBS Chola Mutual Fund will rely on its own independent research to find out the best investment opportunities available in the market. The fund will invest at least 65 per cent of its net assets in stocks of small companies. Stock selection will reflect either growth or value investment approach. The fund is benchmarked to the BSE Small Cap Index. More Stories on : New Fund Offer
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