SBI Mutual Fund Investment In Ahmedabad - Call 9824021680 - Ahmedabad

SBI Mutual Fund have launched SBI Tax Advantage Fund – Series III, a 10 year close-ended ELSS. This fund is a diversified equity fund with the Section 80 C tax benefits. Details of this NFO are given below.

NFO Opens : 28th December 2013
NFO Closes : 27th March 2014
Date of allotment : 28th March 2014

Type of scheme: A 10 Year Close-Ended Equity Linked Saving Scheme

Lock in period: 3 years from the date of allotment

Investment Objective:

The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies along with income tax benefit. However, there can be no assurance that the investment objective of the Scheme will be realized.

Investment Strategy:

The funds collected under the scheme shall be invested in equities, cumulative convertible preference shares and fully convertible debentures and bonds of companies. Investment may also be made in partly convertible issues of debentures and bonds including those issued on rights basis subject to the condition that, as far as possible, the non-convertible portion of the debentures so acquired or subscribed, shall be disinvested within a period of twelve months.

SBI Tax Advantage Fund – Series III is a diversified equity fund. The fund will invest into equity stock of companies listed in India. The fund investment strategy is split into three parts;

For investing in SBI Tax Advantage Fund in Ahmedabad please contact Nishit Doshi on 9824021680