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SBI Mutual Fund launches SBI Dual Advantage Fund Series XVI

Mutual Fund

by Advisorkhoj Team | Mutual Fund | 12 Downloaded

NFO period: 01st July – 15th July, 2016

Highlights of the NFO:

  • Scheme type – A close ended Hybrid Scheme

  • Investment objective – The primary investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary objective is to generate capital appreciation by investing a portion of the scheme corpus in equity and equity related instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

  • Product suitability – The product is suitable for investors who are seeking income and capital appreciation by investing primarily in debt and money market instruments for regular returns & equity and equity related instruments for capital appreciation.

  • 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 – Mr. Rajeev Radhakrishnan and Mr. Dharmendra Grover

  • Benchmark – Crisil MIP Blended Fund Index

  • Maturity – 1100 days from the date of allotment

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

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