SBI Mutual Fund launches SBI Long Term Advantage Fund Series VI
NFO period: 11th April - 10th July, 2018
Highlights of the NFO:
Scheme type - A 10 year close ended Equity Linked Savings Scheme
Investment objective - The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there can be no assurance that the investment objective of the scheme will be realized.
Product suitability - The product is suitable for investors who are seeking capital appreciation over a period of 10 years by investing in equity and equity related instruments of companies along with income tax benefit u/s 80C of the Income Tax Act, 1961.
Minimum Application Amount - First investment Rs. 500/- and multiples of Rs. 500/- thereafter
Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Dividend Option. Dividend option will have the facility of Payout & Transfer.