SBI Infrastructure Fund Direct Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Richard Dsouza is the Current Fund Manager of SBI Infrastructure Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹493 Cr and the Latest NAV as of 16 Oct 2019 is ₹14.01.
The SBI Infrastructure Fund Direct Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit Load of 1% if redeemed within 1 year..
To provide investors with opportunities for long-term growth in capital through an active management of investments in a diversified basket of equity stocks of companies directly or indirectly involved in the infrastructure growth in the Indian economy and in debt & money market instruments.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit Load of 1% if redeemed within 1 year.