SBI MF launches debt fund scheme
Mumbai: SBI Mutual Fund has launched a 90-Days Fund under the SBI Debt Fund Series (SDFS), which is a close-ended debt scheme. The new fund offer (NFO) opens on October 6 and closes on October 9.

The fund would invest in a portfolio of AAA/AA+ rated debt instruments, government paper and money market instruments. The minimum investment in the SDFS-90 Days Fund is Rs 50,000. The SDFS-90 Days Fund will have the following investment options: growth and dividend.

An exit load of 0.50 per cent before the maturity date will be charged.
Back to News Review index page