MUTUAL FUNDS
SBI Mutual Fund files offer document for Capital Protection Oriented Fund - Series A (Plan 5 & 6)
Jul-12-2019

SBI Mutual Fund has filed offer document with SEBI to launch a close ended capital protection oriented scheme named ‘SBI Capital Protection Oriented Fund - Series A (Plan 5 & 6)’. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers only growth option and seeks to collect a Minimum Target Amount of Rs 20 crore.

The performance of the scheme for Plans will be benchmarked by CRISIL Hybrid 85+15- Conservative Index. The minimum application amount for initial purchase is Rs 5,000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to endeavors to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective.

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