Beneath the Magnum Sector Funds Umbrella, one among the funds is the SBI Contra Mutual Fund. The basic objective of this SBI Contra Mutual Fund is that offering greatest capital development options to the investors by equity investments in stocks of forthcoming segments of the financial system.
In SBI Contra Fund , there are 5 sub-funds, which are committed to a modified investments topic. These incorporate Industrial budding, Pharmaceuticals, Information Technology, Fast Moving Consumer Goods (FMCG), Contrarian (investments in our of good turn stocks). The allotment of asset in the SBI Contra Mutual Fund incorporates 90 to 100% investments in equity stocks, which are great in menace 0-10% in amount markets, which are comparatively less pressure contour. Which are all specified themes above provided to invest in are free to the investors wherein can decide one or more. In addition to this, a free swap from one segment to another is even given that is an amenity not accessible for NRIs. SBI Contra Mutual Funds will even give development and surplus opportunities when it comes to the Contra, Pharmaceuticals and emerging businesses funds . In year of 1999 on 14th July, was initiated, and the SBI Contra Mutual Fund involves a least amount investment of just Rs. 2000 for each segment.
To get much more additional information on the Entry Load or Exit Load for each fund, SIP and SWP given, and the contra Fund NAV Development or Contra Mutual Fund NAV Surplus for the present and earlier years, log on to their authorized website specified here.
And to get details on new SBIContra Mutual Funds and new banking schemes and amenities of the State Bank of India – SBI , surf by our website www.propertykhazana.