SBI Mutual Fund launches SBI Dual Advantage Fund Series XVI

NFO period: 01^st July – 15^th July, 2016

Highlights of the NFO:

• Scheme type – A close ended Hybrid Scheme


• Investment objective – The primary investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary objective is to generate capital appreciation by investing a portion of the scheme corpus in equity and equity related instruments. 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 income and capital appreciation by investing primarily in debt and money market instruments for regular returns & equity and equity related instruments for capital appreciation.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option.


• Fund Manager – Mr. Rajeev Radhakrishnan and Mr. Dharmendra Grover


• Benchmark – Crisil MIP Blended Fund Index


• Maturity – 1100 days from the date of allotment