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Deutsche Mutual Fund: Change in Load Structure, Fund Manager and Benchmark

Last updated: 08-Jul-2024•News Desk

Deutsche Mutual Fund revised the exit load of DWS Twin Advantage Fund to 0.5 per cent for redemption within 1 month, against the previous 1.5 per cent for redemption within 12 months.

Change in Benchmark: The Fund House announced change in benchmark of DWS Tax Saving Fund to BSE 200. Presently it is, CNX 500.

Change in Fund Manager: The Fund House also announced change in fund manager of DWS Treasury Fund- Investment Plan. Mr. Rakesh Suri is appointed as new fund manager and Mr. Kumaresh Ramkrishnan as Co-fund manager of the scheme.

The above mentioned changes will be effective from April 01, 2014.

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