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Tuesday, October 11, 2016

SBI Mutual Fund launches SBI Debt Fund Series B 44: 1100 Days


On Oct 09, 2016 :-

NFO period: 05th October – 10th October, 2016

Highlights of the NFO:

Scheme type – A Close-ended Debt Scheme

Investment objective – The scheme endeavours to provide regular income and capital growth with limited interest rate risk 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. There is no assurance or guarantee that the scheme's objective will be achieved.

Product suitability – The product is suitable for investors who are seeking regular income over long term by investing in debt/money market instrument/govt. securities.

Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter

Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option.

Fund Manager – Ms. Ranjana Gupta

Benchmark – Crisil Short Term Bond Fund Index

Maturity – 1100 days from the date of allotment

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