SBI Mutual Fund launches 90 days debt fund series
Moneylife Digital Team 25 March 2011

SBI Mutual Fund new issue closes on 28th March

SBI Mutual Fund has launched SBI Debt Fund Series-90 Days-42, a close-ended income scheme.

The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio comprising
debt instruments such as government securities, PSU & corporate bonds and money market instruments maturing on or before the maturity of the scheme.
The tenor of the scheme is 90 days.

The new issue closes on 28th March. The minimum investment amount is Rs5,000.

CRISIL Liquid Fund Index is the benchmark index. Rajeev Radhakrishnan is the fund manager.

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