Fund News

Deutsche MF: Changes in Exit Load and Minimum Application under some Debt schemes

Deutsche MF has notified the following changes under some of its schemes:

1. DWS Premier Bond Fund - Regular Plan (w.e.f. Decemebr 08, 2008): Exit load of 1% if units are redeemed within 6 months.
(Currently, for each purchase / switch-in of less than Rs. 10 lakhs, exit load of 0.50% is chargeable if units are redeemed within 6 months.)

2. DWS Short Maturity Fund (w.e.f. Decemebr 08, 2008): Exit load of 0.50% if units are redeemed within 3 months. (Currently, no exit load is chargeable.) Moreover, the minimum application amount stands reduced from Rs. 25,000 to Rs. 5,000 with effect from December 05, 2008.

3. DWS Fixed Term Fund Series 39 (w.e.f. December 08, 2008): No exit load is chargeable if investors redeem their investments after December 08, 2008.



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