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DWS Gilt Fund : New Fund Offer

Deutsche Mutual Fund has launched its Gilt Fund, the offer for which will close on October 21, 2008. The scheme will be investing in debt securities of different maturities issued by Central/State Governments.

Details of the offer:
NFO Period: October 07, 2008 to October 21, 2008
Plans/Options under the scheme: Regular and Institutinal. Growth and Dividend (payout and re-investment) options under both the plans.
NFO Price: Rs. 10/- per unit.
Minimum Investment: Rs. 5000 (Regular plan) and Rs. 50,00,000 (Institutional plan)
Load: Entry Load: NIL Exit Load: Under Regular plan, exit load of 1% is applicable if investment is redeemed/switched-out within 1 year from the date of allotment. No exit load shall apply to investors under the Institutional plan.