India, March 13 -- SBI Mutual Fund has launched a new Open Ended Growth scheme named "SBI BSE PSU Bank Index Fund" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Mar 17 to Mar 20, 2025.
According to the offer document filed with SEBI, the entry load is Nil and exit load is 0.25.
The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.
The fund manager of the scheme will be Viral Chhadva, while the performance of the scheme will be benchmarked against .
The investment objective of the scheme is to provide return...