Deutsch MF files offer document for Corporate Debt Opportunities Fund

Deutsch Mutual Fund has filed offer document with SEBI to launch an open ended debt Scheme named as “DWS Corporate Debt Opportunities Fund.” The New Fund Offer price is Rs 10 per unit. Entry load charges will be nil for the scheme and exit load 1.5%, if redeemed/exited within 12 months of allotment of units and 1% if redeemed/exited between 12 months to 18 months and Nil, if redeemed/exited subsequent to 18 months of allotment of units. The Minimum Target Amount of Rs 20 crore. The scheme will be benchmarked against CRISIL Short Term Bond Fund Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter. The investment objective of the scheme is to generate income and capital appreciation by investing predominantly in corporate debt.