SBI Mutual Fund launches Capital Protection Oriented Fund
SBI Mutual Fund today launched a close-ended Capital Oriented Fund with the twin objective of capital protection and growth.
The objective of the three-year close-ended fund is to protect the capital invested on maturity of the scheme through focused investments in equity, debt and money market instruments, at the same time also seeking to provide investors with opportunities for long-term growth in capital, SBI Mutual Fund said in a statement.
Fund combines investment avenues and caters to the prime requirement of all the Indian investors who want returns along with the capital protection, it said.
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