SBI Mutual Fund launches SBI Debt Fund Series

New Delhi, May 27: SBI Mutual Fund, one of the leading mutual funds in the country, today announced the launching of SBI Debt Fund Series (SDFS), a series of close-ended debt schemes with various maturities.

The subscription for SDFS will open on May 29, 2006 and would close on May 30, 2006. The scheme will have a minimum application of Rs 10,000 and in multiples of Rs 1000 per application.

''SBI Fund house has an impressive track record in managing the existing debt funds and through these new debt fund series we aim to provide investors regular income, liquidity and attractive returns,'' said SBI MF Managing Director Deepak Chawla.

SBI Mutual Fund has an investor base of over 20 lakh spread over 29 schemes.

UNI