SBI Mutual Fund launches SBI Dual Advantage Fund Series XXVII
by
NEWS TEAM | on Mar 5, 2018
NFO period: 05th March – 16th March, 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.5000/- and in multiples of Rs.1/- thereafter
Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option.
Fund Manager – Mr. Rajeev Radhakrishnan and Mr. Ruchit Mehta
Benchmark – CRISIL Hybrid 85+15 - Conservative Index