“SBI Debt Fund Series - 90 Days - 54", floats on; NFO to close on January 9

Subscribe to GoodReturns

SBI Debt Fund Series - 90 Days - 54
SBI Mutual Fund launched a new close ended debt scheme called “SBI Debt Fund Series - 90 Days - 54", with maturity time of 90 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.

Allocation of funds:
The asset allocation of scheme will be in such a way that the objective of the scheme to generate income, liquidity and return will be met, through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments. Hence, the scheme will allocate 60 to 100 per cent of assets in debt and money market securities, and 0 to 40 per cent assets in government securities.

Basic Details:
NFO Opens: January 6, 2012
NFO Closes: January 9, 2012
NFO Price: Rs 10 per unit
Options: Growth and Dividend Payout
Minimum Application Amount: Rs 5,000 and in multiple of Re 10 thereafter.
Exit Load: Nil

Benchmark: Crisil MIP Blended Index
Listing: BSE stock Exchange
Fund Manager: Mr. Rajeev Radhakrishnan

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'

Thousands of Goodreturn readers receive our evening newsletter.
Have you subscribed?