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News SBI Mutual Fund launches SBI–ETF Quality
Nov 26, 2018
Mutual Fund
SBI Mutual Fund launches SBI–ETF Quality
NFO period: 26th November - 30th November, 2018
Highlights of the NFO:
- Scheme type - An open-ended scheme tracking Nifty 200 Quality 30 index
- Investment objective - The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved.
- Product suitability - The product is suitable for investors who are seeking long term capital appreciation by investing in securities covered by Nifty 200 Quality 30 Index.
- Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
- Plan/ Options available - Not available.
- Fund Manager - Mr. Raviprakash Sharma
- Benchmark - Nifty 200 Quality 30 Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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