“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.