SBI Mutual Fund launches SBI Corporate Bond Fund

Mutual Fund
Jan 16, 2019 by Advisorkhoj Team | Mutual Fund | 86 Downloaded

NFO period: 16th January – 29th January, 2019

Highlights of the NFO:

  • Scheme type – An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds

  • Investment objective – The investment objective will be to provide the investors an opportunity to predominantly invest in corporate bonds rated AA+ and above to generate additional spread on part of their debt investments from high quality corporate debt securities while maintaining moderate liquidity in the portfolio through investment in money market securities.

  • Product suitability – The product is suitable for investors who are seeking regular income for medium term by investing predominantly in corporate bond securities rated AA+ and above.

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

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

  • Fund Manager – Mr. Rajeev Radhakrishnan

  • Benchmark – NIFTY Corporate Bond Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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