SBI Liquid Fund Institutional Plan Dividend Weekly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 16 Dec 2004. Rajiv Radhakrishnan is the Current Fund Manager of SBI Liquid Fund Institutional Plan Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹40,660 Cr and the Latest NAV as of 08 Aug 2019 is ₹1061.32.
The SBI Liquid Fund Institutional Plan Dividend Weekly is rated Low risk. Minimum SIP Investment is 0. Minimum Lumpsum Investment is 50000. Nil.
The investment objective of the scheme will be to provide attractive returns to the Magnum holders either through periodic dividends or through capital appreciation through an actively managed portfolio of debt and money market instruments. Income may be generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment