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This document provides essential information for investors considering the SBI Debt Fund Series - 366 Days - 29 mutual fund, including investment objectives, risk factors, and details about the fund’s
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How to fill out SBI Debt Fund Series - 366 Days - 29

01
Visit the SBI Mutual Fund website or a designated financial services platform.
02
Select the SBI Debt Fund Series - 366 Days - 29 from the list of available funds.
03
Read the offer document to understand the investment objectives and risks associated with the fund.
04
Fill out the application form with your personal details, including name, address, and contact information.
05
Provide your KYC (Know Your Customer) details, if not already registered.
06
Indicate the amount you wish to invest in the fund.
07
Choose the mode of payment (online transfer, cheque, etc.) and provide the necessary payment details.
08
Review the application form for accuracy and submit it along with payment.
09
Receive confirmation of your investment and keep the transaction receipt for your records.

Who needs SBI Debt Fund Series - 366 Days - 29?

01
Investors looking for short-term debt investment options.
02
Individuals seeking fixed income with relatively low risk.
03
Those who want to diversify their investment portfolio with debt instruments.
04
Risk-averse investors who prefer stable returns over equity market fluctuations.
05
Investors planning for a specific financial goal within a year.
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People Also Ask about

Gains are taxed as follows: STCG at 15% (if redeemed before 1 year) and LTCG at 10% on gains above Rs. 1,00,000 (if held for more than 1 year). Debt funds have no mandatory lock-in, but taxation depends on holding period. Similar to debt funds, hybrid funds generally don't carry a lock-in.
A short duration debt fund is a type of mutual fund focusing on bonds or money market instruments that mature relatively soon — generally between one and three years. This relatively shorter maturity profile enables the fund to temper interest rate risks on its net asset value (NAV).
Short Duration Fund : The fund has 96.66% investment in Debt, of which 18.1% in Government securities, 78.56% is in Low Risk securities. Suitable For : Investors who want to invest for 1-3 years and are looking for alternative to bank deposits.
Quant Value Fund, the topper in the list, offered 69.40% CAGR on a lumpsum investment made in this fund on April 1, 2023. A lumpsum investment of Rs 1 lakh in this fund would have been Rs 1.69 lakh now.
The lock-in-period of SBI Short Term Debt-IDCWF is 0 years.
The lock-in-period of SBI Short Term Debt-IDCWF is 0 years.
Debt mutual funds and fixed-income investments have various risk characteristics. While fixed-income investments are often considered safer due to their fixed interest and deposit protection, debt funds do contain some risk due to credit risk and interest rate risk.
Historically, these funds have known to deliver average returns of around 7%-10% over a period of say 5 years. The level of returns depends on credit ratings and duration of the debt funds. Low-rated funds like Credit Risk Funds offer higher returns to compensate for the high risks involved.

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SBI Debt Fund Series - 366 Days - 29 is a fixed maturity debt fund offered by State Bank of India that invests primarily in debt securities with a maturity period of 366 days, aiming to provide steady returns over a one-year investment horizon.
Investors who wish to invest in the SBI Debt Fund Series - 366 Days - 29 are required to complete the necessary investment forms and adhere to the guidelines set by the fund.
To fill out the form for SBI Debt Fund Series - 366 Days - 29, investors need to provide their personal details, investment amount, and select the appropriate investment options, ensuring all information is accurate and complete.
The purpose of SBI Debt Fund Series - 366 Days - 29 is to offer investors a low-risk investment option that generates regular income through investments in fixed income securities for a defined maturity period of one year.
Investors must report their personal information, including name, contact details, PAN, the amount invested, and any other required documentation related to KYC (Know Your Customer) norms during the application process for SBI Debt Fund Series - 366 Days - 29.
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