For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

SBI Debt Fund Series - 18 Months - 11 Floats On

|

SBI Debt Fund Series - 18 Months
SBI Mutual Fund has unveiled a new fund named as SBI Debt Fund Series - 18 Months - 11, a close ended debt scheme with the duration of 18 months. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

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.

The scheme offers two options viz. growth and dividend option.

Allocation of funds:

The scheme will invest 60% to 100% of assets in debt securities, upto 20% of assets in money market securities and upto 20% 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: October 16, 2012

NFO Closes: October 19, 2012

NFO: Rs 10 per unit

Minimum application: Rs 5000 and in multiples of Rs 1 thereafter.

Benchmark: CRISIL Short Term Bond Fund Index

Listing: BSE

Manager: Rajeev Radhakrishnan.

GoodReturns.in

Read more about: mutual funds sbi
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X