
DBS Chola Mutual Fund has launched DBS Chola FMP - Series 4 (Quarterly Plan - III). It would be open for subscription between August 24, 2006 and August 29, 2006. It will have a duration of 91 days, hence the maturity date would be November 28, 2006. The minimum investment under the scheme would be Rs. 5000. The fund would not charge any entry load but an exit load of 0.5 per cent would be charged if redeemed before maturity date.