DBS Chola MF launches small cap fund

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Mumbai, Nov 20: DBS Chola Mutual Fund, an asset management company, launched its three-year close ended fund, DBS Chola Small Cap Fund, here today.

The fund will close by December 20. The fund seeks to generate long term capital appreciation by investing predominantly in equity and equity related instruments of companies with small market capitalisation.

Small cap companies are those companies whose market capitalisation falls between the highest and lowest constituent of the BSE small cap index.

To pursue its investment objective, DBS Chola MF will rely on its own independent method to find out the investment opportunities available in the market. The fund will invest at least 65 per cent of its net assets in stocks of small companies.

R Rajagopal, Chief Investment Officer of the fund said, ''We believe substantial opportunities exist in small cap markets.

Using our extensive research capabilities, we can offer superior returns with accpetable levels of risk.'' The scheme offers both cumulative and dividend options. Units will be offered at Rs 10 per unit. The minimum application amount is Rs 5000.


UNI

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