SBI TAX Advantage Fund – Series I.
Scheme opens on 03-DEC-07.
Scheme closes on 03-MAR-08.
Fund Type: Close Ended.
Fund Class: Equity Tax Saving.
Fund Manager: Rishabh Sheth
Entry Load: Nil.
Exit Load: Nil, however, the investor will have to bear the proportionate unamortized initial issue expenses for any redemption /switch out made before the date of maturity.
Objective: To generate capital appreciation over a period of ten years by investing predominantly in equities of companies across large, mid and small market capitalization, along with income tax benefit.
Issue Price: (Rs.) 10.
Minimum Subscription: Rs. 500/- and in multiples of Re. 500/- thereafter
Plans Available: Growth and Dividend Payout.