SBI Mutual Fund Debt Fund Series B - 35, a close ended debt scheme - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Friday, March 04, 2016

SBI Mutual Fund Debt Fund Series B - 35, a close ended debt scheme

SBI Mutual Fund has unveiled a new fund named as SBI Debt Fund Series B - 35, a close ended debt scheme. The tenure of the scheme is 1131 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 10 March and close on 17 March 2016.

The 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.

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

The scheme will invest 70% to 100% of assets in debt and invest upto 30% of assets in money market securities with low to medium risk profile. Exposure to domestic securitized debt may be to the extent of 40% of the net assets.

The minimum application amount is Rs. 5,000 

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

The units of the scheme will be listed on NSE in order to provide liquidity.

Benchmark Index for the scheme is CRISIL Composite Bond Fund Index.


The fund manager of the scheme is Mr. Rajeev Radhakrishnan.
SBI Mutual Fund Debt Fund Series B - 35, a close ended debt scheme Reviewed by S. Chitra on March 04, 2016 Rating: 5 SBI Mutual Fund has unveiled a new fund named as SBI Debt Fund Series B - 35, a close ended debt scheme. The tenure of the scheme is 1131 d...

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