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SBI announces NFO and declares dividend at Rs 0.07 per unit


SBI Mutual Fund announced the new fund offer of two schemes. SBI Dual Advantage Fund- Series III will open for subscription on May 29, 2014 and close on June 12, 2014.

SBI Debt Fund Series A- 28 will open for subscription on May 29, 2014 and close on June 03, 2014.

The Fund House also announced dividend under the dividend option of SBI Arbitrage Opportunities-D and SBI Arbitrage Opportunities Direct-D.

The quantum of dividend shall be ₹0.07 per unit. The record date has been fixed as May 30, 2014.