Deutsche Mutual Fund has filed offer document with Sebi to launch DWS Interval Fund - Annual Plan Series 1 to 3, a debt interval scheme. The interval period will be 370 days. The New Fund Offer price is Rs 10 per unit. Investment objective: The objective of the Scheme is to generate income by investing in debt and money market instruments maturing on or before the beginning of the immediately following Specified Transaction period of the scheme. Options: Growth and Dividend (Regular, Monthly, Quarterly and Annual Payout) options. Benchmark: The scheme's performance will be benchmarked against CRISIL Short Term Bond Fund Index. Loads: Nil Minimum Application Amount: Minimum of Rs. 5,000 (Five Thousand) per application and in multiples of Re. 1/- thereafter. Minimum Target Amount: Rs. 20,00,00,000 Asset Allocation: The scheme would allocate 100% of assets in domestic debt instruments including Government Securities & Money Market Instruments and Securitized Debt with low to medium risk profile. Investment in Securitized Debt would be up to 50% of the net assets of the Scheme. Fund Manager: Kumaresh Ramkrishnan Powered by Capital Market - Live News |