Name of Fund: DWS Money Plus Advantage Fund
Scheme: Open-End, Debt Scheme
Plans: Regular and Institutional
Objective: The scheme aims to generate regular income by investing primarily in the investment grade fixed income securities and money market instruments. The fund manager may invest a small proportion of the assets in equity and equity linked instruments to enhance returns.
Asset Allocation: Around 90-100 % of investments would be allocated towards domestic debt instruments. Equity component in the portfolio would be upto 10%.
Fund Opens: October 15, 2007
Fund Closes: November 1, 2007
Face Value: Rs.10
Investment Options: Growth, Dividend (Payout and Reinvestment)
Entry Load: Nil
Exit Load: An exit load of 0.10% would be charged if the investment is redeemed within 3 months from the date of allotment.
Minimum Investment Amount: Rs. 5000(for the regular plan) and Rs 1 crore (for the institutional plan).
Benchmark Index: Crisil MIP Blended Fund Index
Fund Manager: Suresh Soni
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