SBI MF has launched a new fund called SBI Debt Fund Series - 90 Days Fund-26 and it is a close-ended debt scheme. 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 such as government securities,AAA/AA+ bonds and money market instruments. The fund will invest up to 80% 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 and money market instruments. The investment in AAA/AA+ bonds/ debt instruments will be 20-100%.
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