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  • MF News Deutsche renames scheme

    Deutsche renames scheme

    “Auto Sweep Plan” to be renamed as “Premium Plus Plan” under Deutsche Ultra Short Term Plan
    Team Cafemutual Jun 10, 2011

    “Auto Sweep Plan” to be renamed as “Premium Plus Plan” under Deutsche Ultra Short Term Plan

    Mumbai: Deutsche Mutual Fund has announced that the “Auto Sweep Plan” under DWS Ultra Short Term Fund will be renamed as “Premium Plus Plan”. The revision will be effective from June 13, 2011.

    Deutsche has also decided to revise the scheme’s features:

    Sub Option: Reinvest - Daily, Weekly & Monthly; Payout - Monthly

    Minimum Application Amount: Rs 25,000 in multiples of Re. 1 thereafter

    Deutsche Mutual Fund will alter the face value of Deutsche Treasury Fund - Cash Plan –Institutional Plan to Rs 100 per unit from Rs 10 per unit with effect from July 4, 2011. 

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