This entry is part 5 of 5 in the series NFO 2015

SBI MFSBI launched new fund offer SBI Banking and Financial Services Fund-FEB 2015, an open ended sector fund.The NFO Opens for subscription on 11th February 2015  & closes on 24th February 2015.  No entry load will be applicable for the scheme.

Scheme Details

::Key Scheme Feature:: 
Scheme NameSBI Banking and Financial Services Fund
Fund HouseSBI Banking and Financial Services Fund
TypeOpen ended sector fund
CategoryRegular
BenchMarkCNX Finance Index
Minimum Application amountRs. 5,000/- and in multiples of Re. 1 thereafter
Fund managerMs. Sohini Andani
 
Scheme NameSBI Banking and Financial Services Fund
NFO Open11 Feb 2015
NFO Close24 Feb 2015
Additional Purchase Amount Rs. 1,000/- and in multiples of Re. 1 thereafter
Plan OptionsRegular plan.
Load StructureEntry Load: Not Applicable Exit Load: For exit within 12 months from the date of allotment -2% For exit after 12 months but within 18 months from the date of allotment -1% For exit after 18 months from the date of allotment - Nil

Cheque Details  : “SBI Banking and Financial Services Fund”  

::Banking and Financial Services::

SBI MF2

 

Parameters

::Parameters considered for allocation::

SBI MF(3)

 

 Solutions 

::Fund Philosophy & Asset Allocation::

  • Aims to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
  • Invests across market capitalization.
  • Bottom up stock allocation
  • suitable for investors looking for exposure to the Indian financial services sector
  • Indicative Asset Allocation.

sbi contents

*Exposure to derivatives may be to the extent of 50% of the net assets.cumulative gross exposures through debt,equity & derivative shall not exceed 100% of the net assets of the scheme

Why Invest

::Investment ::

  • Major policy reforms undertaken in the banking & financial services sector
  • Huge potential across banks & NBFCs due to low penetration
  • Economic revival to revive loan growth & improve asset quality
  • Delicate balancing between level of capital & return on equity improving efficiency in the sector
  • Emergence of new technologies & innovations like net banking & mobile technology to drive the sector

Framework

::SBIFM: A Complete Framework::

SBI(5)

 

 Important 

::Introduction of major policy reforms::

SBI(6)

 

Contact Us for Investment

rajendra@puneinvest.com

Mobile:7719917444

[wd_contact_form id=”37″]