SBI MF unveils Debt Fund Series 90 days - 63

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SBI MF unveils Debt Fund Series 90 days
SBI Mutual Fund launched a new close ended debt scheme named “SBI Debt Fund Series - 90 Days – 63,” with maturity time of 90 days.


Investment Objective:
The investment objective of the schemes 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 schemes.

Allocation of Funds:
The schemes will invest 60% to 100% of assets in debt & money market securities and upto 40% of assets in government securities. Exposure to domestic securitized debt may be to the extent of 40% of the net assets.

Basic Details:
NFO Opens: May 16, 2012
NFO Closes: May 16, 2012
NFO: Rs 10 per unit
Listing: BSE
Listing:CRISIL Liquid Fund Index
Options: Growth and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter.
Manager: Mr. Rajeev Radhakrishnan.

For more details visit: www.sbimf.com

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Read more about: mutual funds, sbi, nfo
Story first published: Wednesday, May 16, 2012, 13:04 [IST]
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