SBI MF unveils Debt Fund Series – 366 Days - 26

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    SBI MF unveils Debt Fund Series
    SBI Mutual Fund has unveiled a new fund named as SBI Debt Fund Series - 366 days -26. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 9 April and close on 12 April 2013.

    Investment Objective:

     

    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

    Dividend Policy:

    Dividend declaration under the dividend option of the scheme is subject to the availability of distributable surplus and at the discretion of the Fund Manager, subject to approval of
    the trustees and no returns are assured under the scheme.

    Minimum Application Amount:

    Minimum application amount is Rs. 5,000/- and in multiples of Re. 1/- thereafter

    Options offered

    The scheme would have two plans viz:
    a) Regular Plan
    b) Direct Plan

    Both plans will have two options Growth and Dividend option. Dividend option will have the facility of Payout & Transfer. Under Dividend Transfer facility, investors will have the option to transfer dividend declared in the SDFS, in any of the open ended scheme of SBIMF. Dividend transfer facility will be available to NFO investors only. Direct Plan will be default Plan, Growth will be the default option & dividend payout will be default facility.

    GoodReturns.in

    Read more about: sbi mutual funds
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more