SBI Mutul Fund launches new debt fund called SBI Debt Fund Series - 90 Days.The objective of the scheme is to provide regular income, liquidity, and returns to the investors through investment in a portfolio comprising of debt instruments. The fund will invest 0%-100% in Government of India dated securities and treasury bills. The investment in securitised debt will be up to 20% of the exposure to AAA/AA+ bonds, call & money market instruments.
Source : www.indian-commodity.com
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