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Wednesday, April 15, 2009

DBS Chola MF revises load structure for various schemes

Changes will be effective from 15 April 2009

DBS Chola Mutual Fund has proposed to revise load structure of following schemes in respect of investments made on or after 15 April 2009:

DBS Chola Growth Fund, DBS Chola Midcap Fund, DBS Chola Opportunities Fund, DBS Chola Contra Fund, DBS Chola Multi Cap Fund, DBS Chola Global Advantage Fund, DBS Chola Hedged Equity Fund

For investment amount of less than Rs 2 crore, entry load will be 2.25%. For investment amount of less than Rs 2 crore, there will be exit load of 1% if units are redeemed within 1 year, and nil for units redeemed after 1 year.

While for investments amount of Rs 2 crore and above, no entry and exit load will be levied.

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