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News SBI Mutual Fund launches SBI Quant Fund
Dec 4, 2024
Mutual Fund
SBI Mutual Fund launches SBI Quant Fund
NFO period: 04th December - 18th December, 2024
Highlights of the NFO:
- Scheme type - An open ended equity scheme following Quant based investing theme
- Investment objective - The investment objective of the scheme is to seek to generate long term capital appreciation by investing in equity and equity related instruments selected based on quant model 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 selected based on Quant model.
- 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 - Ms. Sukanya Ghosh and Mr. Pradeep Kesavan
- Benchmark - BSE 200 TRI
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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