Effective from June, 2006, the Chola mutual fund has been named DBS
Chola Mutual Fund following the conversion of the fund's sponsor
Cholamandalam Investment and Finance Limited into Cholamandalam DBS
Finance Limited, a joint venture of the Murugappa group with DBS Bank of
Singapore.
DBS is the largest bank in Singapore and the fifth largest banking
group in Hong Kong with total assets of S$175.5 billion. The bank has a
strong presence in consumer banking, treasury and markets, asset
management, securities brokerage, equity and debt fund raising.
As of Aug 2006, the fund has assets of over Rs.2,293 crore under
management.
Here is a list of mutual funds of DBS Chola which includes Debt Funds,
Equity Fund and Hybrid Fund.