SBI Mutual Fund launches SBI Dual Advantage Fund Series XXIX

Mutual Fund
Jul 2, 2018 by Advisorkhoj Team | Mutual Fund | 53 Downloaded

NFO period: 02nd July – 16th July, 2018

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 multiples of Rs. 1/- thereafter

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

  • Fund Manager – Mr. Rajeev Radhakrishnan and Mr. Ruchit Mehta

  • Benchmark – CRISIL Hybrid 85+15 - Conservative Index

  • Maturity – 1100 days from the date of allotment

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

Locate SBI Mutual Fund Advisors in your city
Feedback
Notification