SBI Mutual Fund Introduces New Close-Ended Debt Scheme SBI Mutual Fund has launched a new scheme under its debt fund category – SBI Debt Fund Series C 21. The NFO period of the Close-ended Debt Scheme is from July 20, 2018 to July 24, 2018. The SBI Debt Fund Series C 21 scheme aims to offer regular income and capital growth by investing in a portfolio of debt securities like Government Securities, PSU & Corporate Bonds, and money market securities, maturing on or before the maturity period of the plan. The scheme further provides limited interest rate risk to the investors. However, the scheme does not offer any assurance or guarantee for achieving the objective. The minimum application amount of the new SBI Mutual Fund scheme is 5,000 Rupees for the first investment and thereafter in multiples of one Rupee. The maturity period of the Close-ended Debt Scheme is 1100 days from the date of allotment. The Plans and Options available with the SBI Debt Fund Series C 2 scheme are Direct Plan and Regular Plan having Growth Option and Dividend Option. The new scheme of the SBI Asset Management Company comes under the Crisil Short Term Bond Fund Index Benchmark. SBI AMC has appointed Ms. Ranjana Gupta as the Fund Manager of the SBI Debt Fund Series C 2 scheme. Ms. Gupta joined as Fixed Income Dealer at SBI Funds Management Private Limited in 2008. She has more than 21 years of experience in capital market, reported The Economic Times. Before joining SBI FMPL, Ms. Gupta worked at Twentyfirst Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer with OTCEI, in 1995. She has completed graduation in Commerce from Mumbai University. The new SBI Mutual Fund scheme is best suited for investors who are looking out for regular income over long term by investing in Debt securities or Money market instruments or Government Securities, reported Advisorkhoj. The post SBI Mutual Fund Introduces New Close-Ended Debt Scheme appeared first on OWLT Market.

SBI Mutual Fund has launched a new scheme under its debt fund category – SBI Debt Fund Series C 21. The NFO period of the Close-ended Debt Scheme is from July 20, 2018 to July 24, 2018.

The SBI Debt Fund Series C 21 scheme aims to offer regular income and capital growth by investing in a portfolio of debt securities like Government Securities, PSU & Corporate Bonds, and money market securities, maturing on or before the maturity period of the plan.

The scheme further provides limited interest rate risk to the investors. However, the scheme does not offer any assurance or guarantee for achieving the objective.

The minimum application amount of the new SBI Mutual Fund scheme is 5,000 Rupees for the first investment and thereafter in multiples of one Rupee. The maturity period of the Close-ended Debt Scheme is 1100 days from the date of allotment.

The Plans and Options available with the SBI Debt Fund Series C 2 scheme are Direct Plan and Regular Plan having Growth Option and Dividend Option.

The new scheme of the SBI Asset Management Company comes under the Crisil Short Term Bond Fund Index Benchmark.

SBI AMC has appointed Ms. Ranjana Gupta as the Fund Manager of the SBI Debt Fund Series C 2 scheme.

Ms. Gupta joined as Fixed Income Dealer at SBI Funds Management Private Limited in 2008.  She has more than 21 years of experience in capital market, reported The Economic Times.

Before joining SBI FMPL, Ms. Gupta worked at Twentyfirst Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer with OTCEI, in 1995. She has completed graduation in Commerce from Mumbai University.

The new SBI Mutual Fund scheme is best suited for investors who are looking out for regular income over long term by investing in Debt securities or Money market instruments or Government Securities, reported Advisorkhoj.

The post SBI Mutual Fund Introduces New Close-Ended Debt Scheme appeared first on OWLT Market.

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