SBI Mutual Fund has floated a new 90 days close-ended debt scheme, India Infoline reports. The SBI Debt Fund Series - 90 Days 43 will track the performance of the CRISIL Liquid Fund Index. The scheme will invest 100% of its assets in Government of India dated securities and treasury bills, PSU and corporate bonds/debt instruments, money market instruments. The debt scheme will be managed by Rajeev Radhakrishnan, adds Moneylife Personal Finance.
Click here for the story from India Infoline.
Click here for the additional coverage from Moneylife Personal Finance.