SBI Mutual Fund has unveiled a new 90 day close ended debt scheme, MoneyGuru India reports. The SBI Debt Fund Series - 90 Days – 47 will seek to replicate the Crisil Liquid Fund Index.
The fund will invest in a portfolio of debt instruments, including government securities, PSU and corporate bonds and money market instruments maturing on or before the maturity of the scheme. The units of the scheme will be listed on the Bombay Stock Exchange.
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