SBI Mutual Fund launches Nifty Next 50 index fund
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Last Updated: Apr 27, 2021, 11:21 AM IST
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SBI Mutual Fund has announced the launch of SBI Nifty Next 50 Index Fund, an open-ended index scheme which would replicate the performance of the Nifty Next 50 Index, efficiently with relatively lower costs.
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SBI Mutual Fund has announced the launch of SBI Nifty Next 50 Index Fund, an open-ended index scheme which would replicate the performance of the Nifty Next 50 Index, efficiently with relatively lower costs. The NFO will open on April 28 and close for subscriptions on May 11.
According to the press release, the investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error. This new scheme would be suitable for investors who are seeking long term capital appreciation, investment in securities covered by Nifty Next 50 Index and gai
SBI MF to launch SBI Nifty Next 50 Index Fund
By IANS |
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SEBI may issue norms for minimum holding in liquid assets for MFs. Image Source: IANS News
Mumbai, April 26 : SBI Mutual Fund has announced the launch of SBI Nifty Next 50 Index Fund, an open-ended index scheme which would replicate the performance of the Nifty Next 50 Index, efficiently with relatively lower costs.
The SBI Nifty Next 50 Index Fund NFO (New Fund Offer) will be launched from April 28 to May 11, 2021.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error, SBI Mutual Fund in a statement.
Mutant strain: Over 800 tourists from UK land in Raj in a week
By IANS |
Published on
Sat, Dec 26 2020 10:48 IST |
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Bikaner: Foreign tourists enjoy with a folk artiste at Junagarh Fort on World Tourism Day in Bikaner, Rajasthan on Sept 27, 2017. . Image Source: IANS News
Jaipur, Dec 26 : The new corona strain in the UK is keeping the Rajasthan government on edge as over 800 British tourists have entered the 28 districts of the state in the last one week. Tracking them will be a nightmare.
A bulk of these British (333) visitors have arrived in Jaipur which is followed by Jodhpur (73), Ajmer (70), Alwar (48), Udaipur (43), Kota (39), Jhunjhunu (24), Ganganagar (38), Rajsamand (35) and many more, said health officials.