SBI Mutual Fund announced the launch of the SBI S&P BSE Sensex Index Fund. The scheme opened for public subscription on May 18, 2023, and will close on May 24, 2023.
2 min read18 May 2023SBI Mutual Fund announced the launch of the SBI Dividend Yield Fund, an open-ended equity scheme investing opportunities for capital appreciation and/or dividend distribution by investing predominantly in a well-diversified portfolio of equity and equity-related instruments of dividend-yielding companies.
5 min read21 Feb 2023SBI Mutual Fund raised its stake in IT major from 3.49% to 4.33% during Q2FY23
1 min read4 Nov 2022SBI Mutual Fund has bought 15.20 lakh shares of the agro company paying ₹987.80 apiece
2 min read9 Sep 2022The markets regulator has come out with four proposals to introduce safeguards that may eventually help mitigate liquidity risk in these mutual fundsThere are concerns that the rules may trigger the flight of institutional investors from debt funds
4 min read1 Oct 2020The scheme will have an equity allocation of 65-100%For the equity portion, the fund will follow a multi cap strategy
1 min read9 Sep 2020SBI Small Cap Fund, Axis Bluechip, Axis Focused 25, ICICI Pru Value Discovery schemes will become costlier for investors after the implementation of revised expense ratio.
1 min read16 Aug 2020SBI Mutual Fund bought 1.80 crore shares of NHPC and over 1 crore shares of City Union Bank in July.
1 min read14 Aug 2020SBI Mutual Fund, the largest mutual fund house in the country manages average assets worth ₹3,64,916 croreSBI Mutual Fund now allows to invest through WhatsApp
1 min read15 Jul 2020The S&P BSE Sensex began the new financial year with more losses, hot on the heels of capping its the worst quarter ever on Tuesday
2 min read1 Apr 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared