Fund News

BOB Mutual Introduces Short Term Plan

BOB Mutual Fund is introducing a Short Term Plan under its Income Fund. The fund has two options - Growth and Dividend. It also offers reinvestment of dividends. The fund's initial offer would be open for subscription from November 28, to December 4, 2002. The minimum investment amount is Rs 10,000.

It will reopen for ongoing sale and repurchase from December 9, 2002. Entry in to the fund is on a no-load basis. However, it will charge an exit load of 0.25% if redeemed within 30 days.

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