Sunday, May 05, 2024
Advertisement
  1. You Are At:
  2. News
  3. Business
  4. SBI MF launches new closed-ended fund

SBI MF launches new closed-ended fund

Kolkata: SBI Mutual Fund today launched SBI Equity Opportunities Fund — Series II, a 36-month close-ended equity scheme.The scheme aims to provide long term capital growth by investing in a well-diversified portfolio of equity and

PTI PTI Updated on: November 18, 2014 17:13 IST
sbi mf launches new closed ended fund
sbi mf launches new closed ended fund

Kolkata: SBI Mutual Fund today launched SBI Equity Opportunities Fund — Series II, a 36-month close-ended equity scheme.

The scheme aims to provide long term capital growth by investing in a well-diversified portfolio of equity and equity related securities across market capitalisation and sectors, SBI MF said in a statement.

“Flexible investment mandate is well placed to take advantage of the emerging opportunities in equity markets,” SBI MF MD & CEO, Dinesh Khara said.

The scheme may also use various derivative and hedging products from time to time for hedging and rebalancing purposes and aims to generate capital appreciation from a diversified portfolio of equity and equity related instruments, the fund house said.

Advertisement

Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business

Advertisement
Advertisement
Advertisement
Advertisement