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SBI Debt Fund for 90 days – Series 52

By Super

SBI Debt Fund for 90 days – Series 52
With headline inflation at 9.73% in October, no signs suggest that interest rates will come down in near future, this provides you an excellent opportunity to invest in any short term investment plan if you hold a surplus cash with you.

SBI Mutual Fund is launching new fund named as SBI Debt Fund Series - 90 Days – 52, a close-ended debt scheme with the duration of 90 days.


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: November 15, 2011
NFO Closes: November 28, 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
Fund Manager: Mr. Rajeev Radhakrishnan

(If you want to read a view about the SBI Debt Fund for 90 days, click here) DISCLAIMER: The views expressed in this article are the views of the author and do not reflect the views of our company. does not take any responsibility for any losses incurred by investors who take their cues from the above article.

Read more about: mutual funds nfo sbi inflation
Story first published: Monday, November 14, 2011, 15:38 [IST]
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