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SBI Mutual Fund launches SBI EQUITY SAVINGS FUND

Mutual Fund

by Advisorkhoj Team | Mutual Fund | 4 Downloaded

NFO period: 11th May – 25th May, 2015

Highlights of the NFO:

  • Scheme type – An Open Ended Equity Scheme

  • Investment objective – The investment objective of the scheme is to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.

  • Product suitability – This product is suitable for investors who are seeking Regular income & Capital appreciation to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.

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

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

  • Fund Managers – Mr. Ruchit Mehta and Mr. Neeraj Kumar

  • Benchmark – 30% in CNX Nifty & 70% of Crisil Liquid fund Index

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

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