SBI Mutual Fund has launched the New Fund Offer (NFO) of SBI Equity Opportunities Fund-Series II, a close ended income scheme. The NFO opens for subscription on Nov 17, 2014 and closes on Dec 01, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re. 1 thereafter.
The scheme’s performance will be benchmarked against S&P BSE 500 and its fund manager is Dharmendra Grover.
The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments.
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