SBI Dual Advantage fund

Q & A Forum › Category: Mutual Funds › SBI Dual Advantage fund

D Sharma asked 8 years ago

Dear Sreekanth Hi! Would you recommend to invest Rs 5L in SBI Dual Advantage XXVIII closing on May 28, 2018. I cannot afford to loose my capital as this money is for some cause. Please give your valuable suggestion. Regards D Sharma

2 Answers

0 Vote Up Vote Down

Sreekanth Staff answered 8 years ago

Dear Mr Sharma, SBI Dual Advantage XXVIII is a close ended Hybrid- Debt conservative scheme (lock-in period is 1100 days). These kind of debt plans can also generate negative returns. These are ideal for investors who want to generate a competitive return at lower risk, compared to Bank FDs.

0 Vote Up Vote Down

D Sharma answered 8 years ago

Dear Sreekanth, Thank you for your reply! Regards D Sharma