SBI MF introduces Nifty G-sec Jul 2031 Index Fund
SBI Mutual Fund (MF) has launched SBI Nifty G-sec Jul 2031 Index Fund, an open-ended Target Maturity Index Fund predominantly investing in constituents of Nifty G-Sec Jul 2031 Index with relatively high-interest rate risk and relatively low credit risk. The NFO opens for subscription on May 14, 2026 and closes on May 19, 2026. The Entry Load is not applicable and Exit load is nil for the scheme. 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 G-sec Jul 2031 Index and its fund manager is Rajeev Radhakrishnan.
