SBI PSU Fund Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 07 Jul 2010. Richard Dsouza is the Current Fund Manager of SBI PSU Fund Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹149 Cr and the Latest NAV as of 05 Jun 2020 is ₹8.24.
The SBI PSU Fund Dividend is rated High risk. Minimum SIP Investment is set to 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