SBI S&P BSE Sensex Index Fund Floats On

Published on May 19, 2023 11:01

SBI Mutual Fund has launched a new fund named as SBI S&P BSE Sensex Index Fund.

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Other Scheme - Index Funds

The scheme has two plans: regular plan and direct plan.

The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option

The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.

The additional application amount is Rs 1000 and in multiples of Re. 1/- thereafter.

Load structure:� For exit on or before 15 days from the date of allotment: 0.20%,

� For exit after 15 days from the date of allotment: Nil

Benchmark Index for the scheme is S&P BSE Sensex TRI

The fund manager of the scheme is Mr. Raviprakash Sharma