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In the year 2005 23rd of December, the SBI Blue Chip Mutual Fund was initiated keep their aim of getting durable capital development with the aid of management of Investments in various equity stocks of companies keeping at least a market capitalization equal to the minimum capitalization stock in BSE 100 directory.
The SBI Blue Chip Mutual Fund NFO was started from 23rd December 2005 till 20th January 2006 and it revives for sale and re purchase constantly from 17 of February in the year 2006. SBI Blue Chip Mutual Fund Dividend This SBI Blue Chip Mutual Fund provides dividend and developmental choices with reinvestment and payment amenities. The lowest amount for investment edge is starting from Rs. 5000 and more in manifolds of Rs.1000. The SBI Blue Chip Mutual Funds Dividends profited are entirely tax-free since they are the enduring capital profits. While at 10% tax plus pertinent supplement would be charged on temporary capital profits. With the entire things of SBI Blue Chip Mutual Fund even provides systematic investment plan (SIP) throughout the NFO.
The plus point share pattern under the SBI Blue Chip MutualFund for development is across 70-100% on equities and equity-related tools (complete of derivatives) which are great on pressure and around 0 – 30% on arrears and money market tools which confirm to be moderately low on pressure. To get additional information on the way in or way out freight throughout controlling of equity projects and the blue chip stock or the pressure aspects concerned in SBI Blue Chip Mutual Fund investment, you can just straight away log in to their website specified here.
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