Friday, July 25, 2014

SBI MF Announces Change In SBI Debt Fund Series – 366 Days – 35

SBI Mutual Fund has announced change in the provisions of SBI Debt Fund Series – 366 Days – 35. The following changes are: 

The scheme will have 0%-5% exposure in commercial papers and 95%-100% exposure in AA rated non convertible debentures. 

Maturity: The fund matures at the end of 735 days from the date of roll-over (i.e. fund will mature after 1100 days from the original allotment date) and the revised maturity date will be 04 August 2016.