SBI Mutual Fund launches SBI International Access: US Equity FoF

Mutual Fund
Mar 1, 2021 by Advisorkhoj Team | Mutual Fund | 28 Downloaded

NFO period: 01st March – 15th March, 2021

Highlights of the NFO:

  • Scheme type – An open-ended fund of funds scheme investing in mutual fund scheme/ETFs that invest in US markets

  • Investment objective – The scheme seeks to provide long term capital appreciation by investing in units of one or more mutual fund schemes / ETF, which are domiciled overseas and predominantly invest in US markets. However, there can be no assurance that the investment objective of the scheme would be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in units of a US focused overseas equity fund.

  • Minimum Application Amount – First investment is Rs.5000/- and in multiples of Rs.1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (with Dividend Reinvestment and Payout Facility).

  • Fund Manager – Mr. Mohit Jain

  • Benchmark – S&P 500 Index

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

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