With reference to our Notice No. 20190301-42, MFIs/MFDs/RIAs are hereby informed that SBI EQUITY MINIMUM VARIANCE FUND scheme is re-open for ongoing subscription along with SIP facility with immediate effect.
The details of the schemes are as below:
|
Sr. No
|
Scheme Name
|
Scheme Category
|
ISIN
|
|
1
|
SBI EQUITY MINIMUM VARIANCE FUND - REGULAR PLAN DIVIDEND REINVESTMENT
|
EQUITY
|
INF200KA1A63
|
|
2
|
SBI EQUITY MINIMUM VARIANCE FUND - REGULAR PLAN DIVIDEND PAYOUT
|
EQUITY
|
INF200KA1A55
|
|
3
|
SBI EQUITY MINIMUM VARIANCE FUND - REGULAR PLAN GROWTH
|
EQUITY
|
INF200KA1A48
|
|
4
|
SBI EQUITY MINIMUM VARIANCE FUND - DIRECT PLAN - DIVIDEND REINVESTMENT
|
EQUITY
|
INF200KA1A97
|
|
5
|
SBI EQUITY MINIMUM VARIANCE FUND - DIRECT PLAN - GROWTH
|
EQUITY
|
INF200KA1A71
|
|
6
|
SBI EQUITY MINIMUM VARIANCE FUND - DIRECT PLAN - DIVIDEND PAYOUT
|
EQUITY
|
INF200KA1A89
|
The SIP/XSIP investment amount range and requirement of minimum installment numbers for the schemes are as 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/XSIP's gets registered on BSE star MF platform under SBI EQUITY MINIMUM VARIANCE FUND scheme for Monthly and Quarterly frequency between above investment amount range then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC end.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Assistant General Manager – Mutual Funds
|