SBI BANKING & FINANCIAL SERVICES NFO closes on 24 Feb 2015

Mutual Fund
Feb 22, 2015 by Advisorkhoj Team | Mutual Fund | 48 Downloaded

NFO period: 11th – 24th February, 2015

Highlights of the NFO:

  • Scheme type – An Open Ended Sectoral Fund

  • Investment objective – The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized

  • Product suitability – The product is suitable for investors who are seeking long term investment predominantly in a portfolio of equity and equity related securities of companies engaged in Banking & Financial Services

  • Minimum Application Amount - First investment Rs 5,000/- and multiples of Rs 1/- thereafter.

  • Plan/ Options available – Regular Plans and Direct Plans having Growth Option & Dividend Payout, Reinvestment and Trasfer Option

  • Fund Managers – Ms. Sohini Andani

  • Benchmark – CNX FINANCE INDEX

( Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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