SBI Mutual Fund has launched new fund offer  “ SBI Dual Advantage Fund – Series XIX ”  a close-ended Income scheme. The NFO Open for subscription on 06 Feb. 2017 and close on 20 Feb. 2017. 

The scheme’s objective is to generate returns by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary object is to generate capital appreciation by investing a portion of the scheme corpus in Equity & Equity related instruments.  

The tenure of the scheme is 1150 days from the date of allotment of units. The face value of the new issue will be Rs. 10 per unit. 

Issue DetailsSBI Dual Advantage Fund - Series XIX
Issue Open06 Feb 2017
Issue Close20 Feb 2017
Issue TypeClosed Ended Hybrid Scheme
Face ValueRs 10
Entry LoadNil
Minimum Application Amt5000
BenchmarkCRISIL MIP Blended Fund Index
Fund ManagerDebt - Mr. Rajeev Radhakrishnan Equity Portion - Mr. Ruchit Mehta

Cheque in favor of  :  SBI Dual Advantage Fund – Sereis XIX

Asset Allocation for SBI Dual Advantage Fund 

SBI Dual Advantage Fund Asset Allocation

Investment Strategies 

Fixed Income Debt Investment

  • Investment in securities maturing on or before the date of the maturity of the scheme
  • Buy and Hold Strategy
  • Flexibility to invest in the entire range of debt instruments
  • Investment in AA or above rated securities only
  • Targeted investment between 80% -95%

Equity & Equity related Instruments

  • Invest in diversify portfolio of Equities & Equity related instruments
  • Mix of Bottom-up & Top – down approach for stock picking
  • Active management
  • Primarily focus on companies that have demonstrated characteristics such as market leadership, strong financials and quality management
  • Targeted Investment between 5%-20%

Tax Efficiency 

sbi dual advantage tax efficiency chart

Above chart is illustrated to show tax efficiency. Yield on Fixed Income portion has been assumed 7.00%. Total expense ratio has not considered in above calculation. Investor should consult financial / tax adviser before taking any decision on investment

Call Mutual Fund adviser, agent, broker for  SBI Dual Advantage Fund Investment

Rajendra – 77 1991 7444

Source : Draft prospects / SID / KIM / Marketing material