SBI Dual Advantage Fund Series XVII Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 08 Sep 2016. Dharmendra Grover, Rajiv Radhakrishnan is the Current Fund Manager of SBI Dual Advantage Fund Series XVII Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹939 Cr and the Latest NAV as of 19 Aug 2019 is ₹12.1.
The SBI Dual Advantage Fund Series XVII Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The primary investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary objective is to generate capital appreciation by investing a portion of the scheme corpus in Equity and equity related instruments. However, there can be no assurance that the investment objective of the Scheme will be realized.
Tax Implications
Scheme Information Document(SID)
₹5000
Min for First Investment
₹0
Min for Second Investment