SBI Debt Fund - 13 Months Launches Another Series

SBI Mutual Fund has announced the NFO under SBI Debt Fund Series which is a 13 months fund. This offer is open from August16, 2007 to August 22, 2007.The minimum investment in the SDFS - 13 Months is Rs 50000 and Rs 5 Lakhs for the retail and institutional plan, respectively. The fund has come out with growth and dividend options for both the plans. The fund would charge an exit load of 2% if investment is redeemed before the maturity date.