SBI Mutual Fund launches SBI–ETF SENSEX Next 50

Mutual Fund
Sep 5, 2018 by Advisorkhoj Team | Mutual Fund | 45 Downloaded

NFO period: 05th September – 10th September, 2018

Highlights of the NFO:

  • Scheme type – An open-ended Scheme tracking S & P BSE SENSEX Next 50 Index

  • Investment objective – The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in securities covered by S & P BSE SENSEX Next 50 Index.

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

  • Plan/ Options available – Not available.

  • Fund Manager – Mr. Raviprakash Sharma

  • Benchmark – S & P BSE SENSEX Next 50 Index

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

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