SBI Mutual Fund Unveils New Close Ended Debt Scheme SBI Mutual Fund has launched a new close ended debt scheme called SBI Debt Fund Series C – 22. The NFO (New Fund Offer) period of the close-ended debt scheme is from August 02, 2018 to August 16, 2018. The SBI Debt Fund Series C – 22 scheme’s objective is to generate regular income and capital growth with limited interest rate risk to the investors, by investing in a portfolio debt instruments like Government Securities, PSU and Corporate Bonds, and Money Market securities, maturing on or before the maturity of the plan. The minimum application amount of the SBI Debt Fund Series C – 22 scheme is 5,000 Rupees and in multiples of one Rupee thereafter. The scheme has no entry load and exit load charges. The NFO price for the new close ended debt scheme is 10 Rupees per unit. The maturity period of the new SBI Debt Fund Series C scheme is 1100 days from the date of allotment. The Plans available with the new close ended debt scheme of the SBI Mutual Fund are Regular Plan and Direct Plan. Both the Plans offer the Growth Option and Dividend Option. The SBI Debt Fund Series C – 22 scheme comes under the Benchmark Index – Crisil Short-Term Bond Fund Index. The scheme will invest about 60 percent to 100 percent of assets in debt instruments, and will invest up to 40 percent of assets in money market instruments with low to medium risk profile, reported KJMC. The Fund Manager of the new close ended debt scheme is Ms. Ranjana Gupta. She joined at SBI Funds Management Private Limited in the year 2008, as the Fixed Income Dealer. She has over 21 years of experience in capital market field, according to The Economic Times. From May 1995 to February 2008, Ms. Gupta of SBI Mutual Fund worked at Twentyfirst Century Shares and Securities Ltd. Prior to that, she worked as a dealer with OTCEI, in 1995. She has done a degree in Commerce. The post SBI Mutual Fund Unveils New Close Ended Debt Scheme appeared first on OWLT Market.

SBI Mutual Fund has launched a new close ended debt scheme called SBI Debt Fund Series C – 22. The NFO (New Fund Offer) period of the close-ended debt scheme is from August 02, 2018 to August 16, 2018.

The SBI Debt Fund Series C – 22 scheme’s objective is to generate regular income and capital growth with limited interest rate risk to the investors, by investing in a portfolio debt instruments like Government Securities, PSU and Corporate Bonds, and Money Market securities, maturing on or before the maturity of the plan.

The minimum application amount of the SBI Debt Fund Series C – 22 scheme is 5,000 Rupees and in multiples of one Rupee thereafter. The scheme has no entry load and exit load charges. The NFO price for the new close ended debt scheme is 10 Rupees per unit.

The maturity period of the new SBI Debt Fund Series C scheme is 1100 days from the date of allotment. The Plans available with the new close ended debt scheme of the SBI Mutual Fund are Regular Plan and Direct Plan. Both the Plans offer the Growth Option and Dividend Option.

The SBI Debt Fund Series C – 22 scheme comes under the Benchmark Index – Crisil Short-Term Bond Fund Index.

The scheme will invest about 60 percent to 100 percent of assets in debt instruments, and will invest up to 40 percent of assets in money market instruments with low to medium risk profile, reported KJMC.

The Fund Manager of the new close ended debt scheme is Ms. Ranjana Gupta. She joined at SBI Funds Management Private Limited in the year 2008, as the Fixed Income Dealer.  She has over 21 years of experience in capital market field, according to The Economic Times.

From May 1995 to February 2008, Ms. Gupta of SBI Mutual Fund worked at Twentyfirst Century Shares and Securities Ltd. Prior to that, she worked as a dealer with OTCEI, in 1995. She has done a degree in Commerce.

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

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