MUTUAL FUNDS
SBI Mutual Fund files offer document for Nifty200 Quality 30 Index Fund
Feb-28-2025
SBI Mutual Fund has filed offer document with SEBI to launch an open ended scheme named ‘SBI Nifty200 Quality 30 Index Fund ‘.The New Fund Offer price for units would be Rs 10 each during the NFO. Entry load will be nil, and Exit Load For exit on or before 15 days from the date of allotment will be 0.25% and For exit after 15 days from the date of allotment will be Nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option and seeks to collect a Minimum Target Amount of Rs 5 crore.

The performance of the scheme will be benchmarked against Nifty200 Quality 30 Index. The minimum application amount is Rs 5000 and in multiples of Re 1 thereafter.

The investment objective of the Scheme is to provide returns that correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.

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