- Home
News SBI Mutual Fund launches SBI Innovative Opportunities Fund
Jul 29, 2024
Mutual Fund
SBI Mutual Fund launches SBI Innovative Opportunities Fund
NFO period: 29th July ? 12th August, 2024
Highlights of the NFO:
- Scheme type ? An open-ended equity scheme following the innovation theme
- Investment objective ? The investment objective of the scheme is to provide investors with opportunities for long term capital appreciation by investing in equity and equity related instruments of companies that seeks to benefit from adoption of innovative strategies & theme. However, there is no assurance that the investment objective of the scheme will be achieved.
- Product suitability ? This product is suitable for investors who are seeking long term Capital appreciation by investing in equity and equity related instruments of companies engaged in and/or expected to benefit from adoption of innovative strategies & theme.
- Minimum Application Amount ? First investment is Rs.5,000/- and in multiples of Rs.1/- thereafter
- Plan/ Options available ? Direct Plan and Regular Plan having Growth and Income Distribution cum capital withdrawal (IDCW) option. Under the IDCW option, facility for Payout of Income Distribution cum capital withdrawal option (IDCW Payout), Reinvestment of Income Distribution cum capital withdrawal option (IDCW Re-investment) & Transfer of Income Distribution cum capital withdrawal plan (IDCW Transfer).
- Fund Manager ? Mr. Prasad Padala and Mr. Pradeep Kesavan
- Benchmark ? Nifty 500 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
Recent News
HDFC Mutual Fund launches HDFC Nifty India Digital Index Fund...
To generate returns that are commensurate (before fees and expenses) with the pe...
Read more
Axis Mutual Fund launches Axis Momentum Fund...
The scheme aims to provide long-term capital growth from an actively managed div...
Read more
Mirae Asset Mutual Fund launches Mirae Asset Long Duration Fund...
The investment objective of the scheme is to seek to generate returns through an...
Read more