MUTUAL FUNDS
SBI MF introduces Capital Protection Oriented Fund-Series A (Plan 7)
Jan-27-2020

ITI Mutual Fund (MF) has launched the SBI Capital Protection Oriented Fund-Series A (Plan 7), a close ended Capital Protection Oriented scheme. The NFO opens for subscription on January 27, 2020 and closes on February 10, 2020. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.

The scheme’s performance will be benchmarked against its performance with CRISIL Hybrid 85+15- Conservative Index and its fund managers are Rajeev Radhakrishnan and Ruchit Mehta.

The investment objective of the Scheme is to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective.

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