SBI Mutual Fund has rolled out a new close ended debt portfolio, MoneyGuru India reports. The SBI Debt Fund Series - 367 Days – 4 aims to invest up to 100% of assets in government of India dated securities and treasury bills, PSU and corporate bonds/debt instruments as well as money market instruments.
The issue of the scheme, which offers growth and dividend payout options, will be opened for subscription on July 22 and close on July 26. The portfolio will be benchmarked against the Crisil Short Term Bond Fund Index.
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