SBI Dual Advantage Fund Series XVI Direct IDCW

SBI Dual Advantage Fund Series XVI Direct IDCW is a Hybrid Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 29 Jun 1987. Dharmendra Grover, Rajiv Radhakrishnan is the Current Fund Manager of SBI Dual Advantage Fund Series XVI Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹6,43,285 Cr and the Latest NAV as of 23 Jul 2019 is ₹12.12. The SBI Dual Advantage Fund Series XVI Direct IDCW is rated Moderately High risk. ;

Investment Objective

The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. ;