SBI Mutual Fund launches SBI International Access US Equity FoF
NFO period: 01st March – 15th March, 2021
Highlights of the NFO:
- Scheme type – An open-ended fund of funds scheme investing in mutual fund scheme/ETFs that invest in US markets
- Investment objective – The scheme seeks to provide long term capital appreciation by investing in units of one or more mutual fund schemes / ETF, which are domiciled overseas and predominantly invest in US markets. However, there can be no assurance that the investment objective of the scheme would be achieved.
- Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in units of a US focused overseas equity fund.
- 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 (with Dividend Reinvestment and Payout Facility).
- Fund Manager – Mr. Mohit Jain
- Benchmark – S&P 500 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)