SBI PSU Direct Plan 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 PSU Direct Plan Dividend.The fund currently has an Asset Under Management(AUM) of ₹173 Cr and the Latest NAV as of 15 Nov 2019 is ₹10.96.
The SBI PSU Direct Plan Dividend is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector undertakings and in debt and money market instruments issued by PSUs and others.
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