#1
July 28th, 2016, 03:18 PM
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SBIMF Contra
Would you please give here detail about the Contra Fund scheme of State bank of India (SBI) Mutual Fund ?
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#2
July 28th, 2016, 04:52 PM
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Re: SBIMF Contra
SBI Mutual Fund-Contra Fund scheme provide the investors maximum growth opportunity through equity investments in stocks. Contra Fund scheme Sub-funds dedicated to specific investment themes: Information Technology, Pharmaceuticals, FMCG, Contrarian Emerging Businesses. Asset Allocation Instrument : Normal Allocation (% of Net Assets): Risk Profile : Equities of particular sector: 90%-100% High Money market instruments: 0%-10% Low Minimum Application: Rs. 5000/-& in multiple of Re. 1/- Exit Load: For exit within 1 year from the date of allotment - 1 %. For exit after 1 year from the date of allotment - Nil. SWP: Rs 500 per month or quarter SIP Monthly - Minimum 1000 & in multiples of 1 thereafter for minimum six months (or) minimum 500 & in multiples of 1 thereafter for minimum one year. Quarterly – Minimum 1500 & in multiples of 1 thereafter for minimum one year. |
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