The new issue opening and closing dates are as follows:
SBI Debt Fund Series - 90 Days – 65: NFO opens on June 7 and closes on June 11, 2012.
SBI Debt Fund Series - 366 Days – 6: NFO opens on June 7 and closes on June 13, 2012.
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.
Benchmark Index will be CRISIL Liquid Fund Index for SBI Debt Fund Series - 90 Days - 65 and CRISIL Short Term Bond Fund Index for SBI Debt Fund Series - 366 Days - 6.
NFO: Rs 10 per unit
Options: Growth and Dividend Payout
Minimum Application Amount: Rs 5000 and in multiples of Rs 10 thereafter.
Manager: Mr. Rajeev Radhakrishnan.