The open-ended equity scheme, will invest at least 65 percent of its assets in equity and equity-related instruments, while up to 35 percent will be deployed in debt and money market instruments
SBI Mutual Fund has filed draft offer document with Securities and Exchange Board of India seeking approval to launch SBI Equity Opportunities Fund-Series X to XI, according to the information on the regulator's website.
It also has the provision to invest up to 10 percent in units of REITs (Real estate investment trusts and InvITs ( Infrastructure Investment Trusts)
Plans: Direct and regular
Options: Growth and dividend
Minimum application: Rs 5,000 and in multiples of one rupee thereafter
Exit Load: Nil
Benchmark index: S&P BSE 500 IndexFund Managers: Anup Upadhyay and Mohit Jain