SBI Mutual Fund launches SBI Long Term Advantage Fund Series VI

Mutual Fund
Apr 11, 2018 by Advisorkhoj Team | Mutual Fund | 26 Downloaded

NFO period: 11th April – 10th July, 2018

Highlights of the NFO:

  • Scheme type – A 10 year close ended Equity Linked Savings Scheme

  • Investment objective – The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. 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 capital appreciation over a period of 10 years by investing in equity and equity related instruments of companies along with income tax benefit u/s 80C of the Income Tax Act, 1961.

  • Minimum Application Amount – First investment Rs. 500/- and multiples of Rs. 500/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option. Dividend option will have the facility of Payout & Transfer.

  • Fund Managers – Mr. Anup Upadhyay

  • Benchmark – S&P BSE 500 Index

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

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