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SBI MF Launches 18 Months FMP


SBI Mutual Fund has announced the launch of new fund offer (NFO) of SBI Debt Fund Series 18 Months – 7. The new fund offer will be open for subscription from September 29, 2011 to October 7, 211. The minimum investment amount will be Rs. 5000 and in multiples of Rs. 10 thereafter. The scheme would have the growth as well as dividend option.
The scheme will be listed on the Bombay Stock Exchange.