Mumbai: Deutsche
Mutual Fund has reduced the minimum investment amount in Deutsche Insta Cash
Plus Fund under regular plan with effect from April 18, 2011.
The minimum application amount under the schemes will be Rs. 25,000 and
in multiples of Rs. 1 thereafter. Earlier, the minimum application was Rs. 1 lakh and in multiples of 1/-
thereafter.
Deutsche
Insta Cash Plus is an open ended liquid scheme with the investment objective to
generate steady returns along with high liquidity by investing in a portfolio
of short-term, high quality money market and debt instruments.