DBS Chola MF has launched a 410 days FMP. The scheme has come with double indexation benefits. The details of DBS Chola FMP Series 6 (410 Days Plan) are as follows: FMP Opens on: 5th Feb 2007
FMP Closes on: 15th Feb 2007
Indicative yield: 9.00-9.20% **
Duration of FMP: 410 Days
Note: **Indicative yield is subject to change according to the prevailing rates in the market. Investment may come in for High value on 15 February 2007, Low value Investments can reach DBS Chola Mutual Fund Office or CAMS before 3.00 PM on 15 February 2007.
DBS CHOLA FMP Series 6 (410 days)
| Closure Date | 15-Feb-07 |
| |
| No of Months | 410.00 |
| |
| START NAV | 10.0000 |
| POST EXPENSES YIELD | 9.20% |
| END NAV | 11.0334 |
| INDEXATION | 10.00% |
| |
| TAX RATES | |
| |
| Tax rate With Indexation | 22.44% |
| |
| INDICATIVE RETURN | |
| |
| With indexation |
| COST PRICE | 10.0000 |
| SALE PRICE | 11.0334 |
| GAIN | 1.0334 |
| INDEXED COST | 11.0000 |
| INDEXED GAIN | 0.0334 |
| TAX | 0.007500 |
| POST TAX GAINS | 1.0259 |
| POST TAX RETURNS | 9.13% |
| Indexation taken as 5.0% per year |
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