SBI MF launches SBI Debt Fund - 367 Days

Posted By:
Subscribe to GoodReturns

SBI MF launches SBI Debt Fund - 367 Days
SBI Mutual Fund has launched a new fund offer named as SBI Debt Fund Series - 367 Days - 10. It’s a close-ended debt scheme with duration of 367 days.

Investment objective:
The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

Asset Allocation:
The scheme will invest 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: November 11, 2011
NFO Closes: November 11, 2011
NFO Price: Rs.10 per unit
Listing: Bombay Stock Exchange
Options: Growth and Dividend
Minimum Application Amount: Rs 5,000 per application and additional Rs 10, thereafter
Exit Load: Nil
Benchmark: CRISIL Short Term Bond Fund Index
Fund Manager: Mr. Rajeev Radhakrishnan

Read more about: mutual funds, nfo, sbi, growth
Please Wait while comments are loading...
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'