02
Mar
SBI Mutual Fund announced the launch of SBI Dividend Yield Fund, an open-ended equity scheme investing predominantly in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. The new fund offer would open on February 20, 2023, and close on March 6, 2023. The first-tier benchmark of the fund is the NIFTY 500 TRI. The investment objective of the scheme is to provide investors with opportunities for capital appreciation and/or dividend distribution by investing in a well-diversified portfolio of equity and equity related instruments of dividend yielding companies. The scheme will consider dividend-paying stocks that have…
