SBI MF floats Nifty Bank Index Fund; Union MF launches short-duration fund

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According to the fund house, the fund is aimed at providing investors with the opportunity to invest in the largest and most influential banks in India, which continue to lead and transform the nation’s banking sector.

SBI Mutual Fund (MF) on Friday announced the launch of Nifty Bank Index Fund, an equity scheme which will track the Nifty Bank index.

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Category: BusinessFinance

Markets: IndiaMacau

Topics: SBI MF Union MF Nifty Bank Index Fund Short-duration fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 23:31:20 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 144 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 24 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 25222932

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