SBI Mutual Fund launches SBI Dual Advantage Fund Series XXX
NFO period: 27th September – 11th October, 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
- Maturity – 1166 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)