Mutual Fund has launched the NFO SBI Debt Fund Series - 90 Days - 64, a close
ended debt scheme.
NFO opens for subscription on May 25, 2012 and closes on May 28, 2012. No entry
and exit load charge is applicable for the scheme. The scheme offers dividend
payout and growth option.
scheme will be benchmarked against CRISIL Liquid Fund Index. The minimum
application amount is Rs 5000 and in multiples of Rs 10 thereafter.
fund manager of the scheme will be Rajeev Radhakrishnan.
investment objective of the scheme is to provide regular income, liquidity and
returns to the investors through investments in a portfolio comprising of debt
instruments such as Government Securities, PSU & Corporate Bonds and Money
Market Instruments maturing on or before the maturity of the scheme.