SBI MF launches SBI Equity Opportunities Fund: Series IV from Oct 7

• SBI Equity Opportunities Fund Series IV, a three-year close-ended fund endeavors to participate in the all-round growth of the Indian economy


• SBI EOF Series IV would tap opportunities across market capitalization, however current opportunities available in the equity market, predominantly lie in the mid & small cap segment


• NFO period – Oct 07, 2015 to Oct 21, 2015

Mumbai, October 5, 2015: SBI Mutual Fund, one of India’s largest mutual fund houses, today announced the launch of a unique offering in SBI Equity Opportunities Fund – Series IV, a three-year close-ended diversified equity scheme. SBI EOF Series IV would aim to invest in a well-diversified portfolio of equity and equity related securities cutting across market capitalization and sectors that would benefit from the all-round growth of the Indian economy.

SBI EOF Series IV’s uniqueness emanates from the scheme’s objective to invest in companies that participate and benefit from the India growth story on the back of its strong macro-fundamentals and investment driven approach of central government. SBI EOF Series IV would thus invest in potential opportunities, arising from structural trends like home improvement, e-commerce, imports substitution & manufacturing exports, defense and education.

Speaking on the occasion, Mr. Dharmendra Grover, Portfolio Manager, SBI Mutual Fund, who is the fund manager for the new scheme, said, “SBI EOF Series IV is an ideal investment solution as the new fund would invest in stocks that benefit from the structural trends in the Indian economy. On the back of slowing global economies, the India growth story has been a bright spot, and with potential to grow further, India presents an attractive opportunity for investors.”

“Improving macro-economic conditions in the country, stable pro-growth government and positive sentiments of the global & domestic companies are great enablers to help fulfill the fund investment objective,” Mr. Grover added.

The scheme shall have exposure to Equity and Equity related securities to the extent of minimum 80 per cent of the total assets with a maximum exposure of 100 per cent. The new scheme would have exposure to securitized Debt to the extent of 20% of the net assets and shall invest in debt and money market instruments which mature only on or before the date of the scheme allowing safety net for the value earned for the investors.

The minimum application amount is INR 5,000 in multiples of INR 1 thereafter, additional purchases for INR 1,000 and in multiples of INR 1, thereafter. The benchmark for this scheme is S&P BSE 100.

SBI Equity Opportunities Fund - Series IV would offer two plans viz Direct Plan & Regular Plan. Both plans would offer Growth and Dividend options. Dividend option would have the facility of Payout & Transfer.

About SBI Mutual Fund

With over 28 years of rich experience in fund management, we at SBI Funds Management Pvt. Ltd. bring forward our expertise by consistently delivering value to our investors. We have a strong and proud lineage that traces back to the State Bank of India (SBI) - India's largest bank. We are a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies. With a network of over 222 points of acceptance across India, we deliver value and nurture the trust of our vast and varied family of investors.

Excellence has no substitute. And to ensure excellence right from the first stage of product development to the post-investment stage, we are ably guided by our philosophy of ‘growth through innovation’ and our stable investment policies. This dedication is what helps our customers achieve their financial objectives.

SBI Mutual Fund manages an AAUM of around INR 88627 crores as on Sept 30, 2015.

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