Fund News

SBI Launches 15 Months Debt Fund

SBI Mutual Fund announces the launch of another 15 Months Debt Fund. The fund's initial offer period

SBI Mutual Fund announces the launch of another 15 Months Debt Fund. The fund's initial offer period will remain open from 9 February, 2007 till 19 February, 2007.

The main focus of fund’s investment will be in AAA/AA+ rated, Government, Call and Money Market securities. The fund is offering two investment options: Growth and Dividend. The minimum investment amount in the fund would be Rs 50000.The investors will be charged an exit load of 0.75 per cent if redemption is made before maturity.

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