Scheme: Close ended debt scheme.
Objective: 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.
Asset Allocation: The fund will invest 0%-80% in Government of India dated securities and treasury bills and money market instruments. It will have an investment of 20-100% in AAA/AA+ bonds and debt instruments. The investment in securitised debt will be up to 20% of the exposure to AAA/AA+ bonds.
Fund Opens: 21 February 2008
Fund Closes: 25 February 2008
Face Value: Rs 10
Investment Options: SBI Debt Fund Series – 90 days offers two options i.e. growth and dividend. The dividend option further offers dividend payout facility.
Entry Load: There will no entry load charged for the scheme due to its close-ended structure.
Exit Load: The scheme charges an exit load of 1.00%, if the investment is redeemed before the maturity period. Whereas there will be no exit load charged on the redemption made on or after the maturity period.
Minimum Investment Amount: The minimum investment amount under the scheme would be Rs 50,000 and in multiples of Rs 1000 per application.
Benchmark Index: CRISIL Liquid Fund Index
Fund Manager: Mr. Killol Pandya and /or Mr. Parijat Agrawal
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