SBI Mutual Fund launches SBI Dual Advantage Fund Series XXIX
Jul 2, 2018 by News Team
NFO period: 02nd July - 16th July, 2018
Highlights of the NFO:
Scheme type - A close ended Hybrid Scheme
Investment objective - The primary investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary objective is to generate capital appreciation by investing a portion of the scheme corpus in equity and equity related instruments. 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 income and capital appreciation by investing primarily in debt and money market instruments for regular returns & equity and equity related instruments for capital appreciation.
Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Dividend Option.
Fund Manager - Mr. Rajeev Radhakrishnan and Mr. Ruchit Mehta
Benchmark - CRISIL Hybrid 85+15 - Conservative Index