SBI Debt Fund for 90 days – Series 50 – Short-term investment plan
The fund is especially designed for the people who come under low-risk-low-return profile. The fund carry no risk as it aims to invest in a portfolio of AAA rated government debt instruments so as to provide regular income, liquidity and returns to the investors.
Allocation of Funds:
The fund will allocate up to 100% of assets in Government of India dated Securities and Treasury Bills, PSU & Corporate Bonds/Debt Instruments, Money Market instruments. Exposure to securitized debt may be to the extent of 40% of the net assets.
Basic Details:
NFO Opens: October 3, 2011
NFO Closes: October 5, 2011
NFO Price: Rs.10 per unit
Options: Dividend and Growth
Minimum Application Amount: Rs 5,000 per application and additional of Rs 10, thereafter
Exit Load: Nil
Benchmark: CRISIL Liquid Fund Index
Listing: Bombay Stock Exchange
(If you want to read a view about the SBI Debt Fund for 90 days, click here)
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