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DBS Chola MF Launches FMP Series 5 QI

DBS Chola MF has launched another FMP i.e. DBS Chola Fixed Maturity Plan- Series 5 (Quarterly Plan 1). The scheme is open for subscription from October 3, 2006 to October 5, 2006. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter. The scheme does not charge any entry load but there is an exit load of 0.5 percent on investments redeemed within 3 months from the date of allotment.