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  #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
Super Moderator
 
Join Date: Mar 2012
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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