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SBI Mutual Fund (MF) has launched the SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of Nifty CPSE Bond Plus SDL Sep 2026 50:50 Index with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on January 03,2022 and closes on January 17, 2022. The Entry load is not applicable for the scheme. The Exit Load will be 0.15% if redeemed on or before 30 days from the date of allotment and nil, if redeemed after 30 days. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked against Nifty CPSE Bond Plus SDL Sep 2026 50:50 Index and its fund manager is Dinesh Ahuja.

The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.