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Friday, August 07, 2009

DBS Chola MF Revises Load Structure for Various Schemes

With effect from 7 August 2009

DBS Chola Mutual Fund has decided to revise the entry and exit load structure for various schemes as follows:

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 and DBS Chola Hedged Equity Fund:

For an investment amount below Rs. 2 crore in value, the schemes will charge an exit load of 1.0% if redeemed on or before 3 year. If redeemed after 3 year the exit load charge will be nil.

For an investment amount above or equal to Rs. 2 crore in value, the exit load charge will be nil.

DBS Chola Tax Saver Fund: The exit load charge will be nil.

There will be no change in the load structure of the DBS Chola Triple Ace Fund, DBS Chola Monthly Income Plan, DBS Chola Freedom Income and DBS Chola Gilt Fund.

Entry load is nil with effect from 1 August 2009.

The above load structures apply to all Systematic transactions registered on or after 7 August 2009.

In case of any investments made by fund of funds, no exit load will be charged.

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