SBI Mutual Fund launches SBI EQUITY SAVINGS FUND

NFO period: 11^th May – 25^th May, 2015

Highlights of the NFO:

• Scheme type – An Open Ended Equity Scheme


• Investment objective – The investment objective of the scheme is to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity. However there is no guarantee or assurance that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking Regular income & Capital appreciation to generate income by investing in arbitrage opportunities in the cash and derivatives segment of the equity market, and capital appreciation through a moderate exposure in equity.


• 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 Option


• Fund Managers – Mr. Ruchit Mehta and Mr. Neeraj Kumar


• Benchmark – 30% in CNX Nifty & 70% of Crisil Liquid fund Index