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Wednesday, April 15, 2009

DBS Chola MF revises load structure of MIP and Triple Ace Fund

Changes will be effective from 15 April 2009

DBS Chola Mutual Fund has revised the load structure of DBS Chola Monthly Income Plan and DBS Chola Triple Ace Fund with effect from 15 April 2009.

As per the revision, no entry load will be charged for any investment amount in both schemes.

While, for application amount of less than Rs 1 crore, 1% will be the exit load if redeemed within 1 year and nil for redemption done after 1 year.

No exit load will be charged for investment amount of greater than or equal to Rs 1 crore.

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