DBS Chola MF launches 'DBS Chola Infrastructure Fund'

Mumbai, Aug 7 (UNI) DBS Chola Mutual Fund today announced the launch of DBS Chola Infrastructure Fund, which will invest predominantly in equity and equity-related instruments of companies that are expected to benefit from the infrastructure development happening in the country.

The scheme, which has been designed as a three year close-ended fund with automatic conversion into an open-ended scheme up on maturity, is open for subscription from August 7 to September 6.

''The aim would be to select fundamentally sound companies having potential to deliver superior earnings growth in the long term. The fund will have no market capitalisation bias and will be multi-sectoral,'' said R Rajagopal, Chief Investment Officer, DBS Chola Mutual Fund told reporters today.

To pursue its investment objective, the fund will adopt both top down and bottom up investment approach to create a diversified portfolio of stocks, he added.

UNI