MFIs/MFDs/RIAs are hereby informed that SBI Mutual Fund will be offering SBI NIFTY NEXT 50 INDEX FUND – NFO alongwith SIP facility with effect from April 28, 2021 to May 11, 2021 on BSE StAR MF Platform.
The details of the schemes are as below:
|
Sr. No
|
Scheme Name
|
Scheme Category
|
ISIN
|
Allotment date
|
|
1
|
SBI NIFTY NEXT 50 INDEX FUND - REGULAR PLAN - GROWTH
|
EQUITY
|
INF200KA1V76
|
19/05/2021
|
|
2
|
SBI NIFTY NEXT 50 INDEX FUND - REGULAR PLAN - IDCW PAYOUT
|
EQUITY
|
INF200KA1V84
|
19/05/2021
|
|
3
|
SBI NIFTY NEXT 50 INDEX FUND - REGULAR PLAN - IDCW REINVESTMENT
|
EQUITY
|
INF200KA1V92
|
19/05/2021
|
|
4
|
SBI NIFTY NEXT 50 INDEX FUND - DIRECT PLAN - GROWTH
|
EQUITY
|
INF200KA1W00
|
19/05/2021
|
|
5
|
SBI NIFTY NEXT 50 INDEX FUND - DIRECT PLAN - IDCW PAYOUT
|
EQUITY
|
INF200KA1W18
|
19/05/2021
|
|
6
|
SBI NIFTY NEXT 50 INDEX FUND - DIRECT PLAN - IDCW REINVESTMENT
|
EQUITY
|
INF200KA1W26
|
19/05/2021
|
MFDs/RIAs/RFDs are also hereby informed that the clear funds has to be available in ICCL Account by 6.00pm on May 14, 2021.
The SIP/ISIP/XSIP investment amount range and requirement of minimum installment numbers for the schemes are given below:
|
SIP FREQUENCY
|
SIP INVESTMENT AMOUNT RANGE
|
MINIMUM NUMBER OF INSTALLMENT
|
|
MONTHLY
|
RS. 500 TO RS.999
|
12
|
|
RS. 1000 TO ANY AMOUNT
|
6
|
|
QUARTERLY
|
RS. 1500 TO ANY AMOUNT
|
4
|
MFIs/MFDs/RIAs are also hereby informed that, as confirm by SBI AMC if SIP/ISIP/XSIP's gets registered on BSE StAR MF platform for Monthly and Quarterly frequency between the above investment amount range then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC end.
Also, said NFO will get extended till midnight on May 11, 2021 only for lumpsum purchase on the BSE StAR MF Platform.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Asst. General Manager – Mutual Funds |