Monday, August 10, 2009

DBS Chola MF Revises Load Structure for Various Schemes

DBS Chola Mutual Fund has decided to revise the entry as well as 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:

The scheme will charge an exit load of 1% if redeemed on or before 3 years, for an investment amount below Rs. 2 crore in value. However, if redeemed after 3 year the exit load charge will be nil. Moreover, for an investment amount more or equal to Rs. 2 crore in value, the exit load charge will be nil.


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