DBS Chola crosses Rs 5,000 cr in asset management

By Staff
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Google Oneindia News

New Delhi, Aug 2 (UNI) DBS Chola Mutual Fund's today said the total assets in management under various schemes has crossed the Rs 5,000 crore mark recording a growth of over 155 per cent in assets as compared to its March, 2007 close of Rs 1,985 crore.

The fund offers the entire range of funds across asset classes in cash, equity and debt, said a statement. Assets under management as on July 31, 2007 stood at Rs 5068.82 crore.

DBS Cholamandalam Asset Management Ltd (DCAM) is the asset management company and the investment manager of DBS Chola Mutual Fund, which offers mutual funds to retail, high networth and institutional investors.

Established in 1996, the company manages funds in excess of across 20 schemes with over 2,00,000 customer account.

UNI

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