single

SBI Mutual Fund has unveiled a new fund named as SBI Debt Fund Series C - 49, a close ended debt scheme. The tenure of the scheme is 1178 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 14 March 2019 to 19 March 2019.

The investment objective of the scheme is to endeavor to provide regular income and capital growth with limited interest rate risk 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.

The scheme offers regular and direct plan. Both the plans will have growth option and dividend payout will be default facility.

The scheme will invest 70% - 100% of assets in debt low to medium risk profile and invest upto 30% money market securities with low to medium risk profile.

The minimum application amount is Rs 5000 and in multiples of Re. 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme.

Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is Crisil Medium Term Debt Index.

The fund manager of the scheme is Ranjana Gupta.

0 thoughts on “SBI Debt Fund Series C 49 1178 days Floats On”

Post Comment



  MCX Commodity Tips

MCX Commodity Tips is very much favorable to all and can be traded at any time in the market to whoever can trade after their job working hours as MCX market starts at 10:00am to 11:30pm mostly can be done with little investment and our calls reaching more accuracy. MCX Commodity Tips is also called as SureShot Commodity Tips as we maintain above 80% accuracy.

Get Intraday Tips / Delivery calls for FREE


View My Stats