SBI Mutual Fund has today filed an offer document with SEBI to launch its open ended gilt fund called SBI Gsec Fund.
The fund will be managed by Dinesh Ahuja.
The fund will be benchmarked against CRISIL 10 Year Gilt Index. The minimum application size is set at Rs. 50,000. The minimum redemption size would be Rs. 10,000 or 1000 units.
The fund will not have any exit load. The scheme will track the performance of the 10 year government security.
