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DWS launches closed-ended structured funds in India

DWS Investments (DWS), the retail mutual fund arm of Deutsche Bank, has launched the first in a series of structured and capital protected products targeting investors in India. The DWS Capital Protection Oriented Fund is distributed through Deutsche Asset Management India (DeAM India).

The three-year DWS Capital Protection Oriented Fund was assigned AAA rating by Crisil, a credit rating agency in India, owned by Standard & Poor’s. The offer of the closed-ended fund closes on May 3.

The main objective of the fund is to protect the capital by investing in high quality fixed income securities and to generate capital appreciation by investing in equity and equity related instruments

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