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SBI Savings Fund for iOS

Developer's Description

SBI Savings Fund by SBI Mutual Fund

We are all faced with a typical problem where we have money which is not required for immediate use but also we do not want to block in investment having lock in etc. This money is typically held for some future expenditure, or as a contingency fund, or may be held for the purpose of making an investment at the right opportunity. This money needs to be deployed in such a way that it can generate better returns with low volatility, but with high liquidity. Funds falling under the definition of liquid fund and ultra-short term fund fit into this criteria.

Such funds endeavor to provide an intermediate cash management solution. Ideal investment horizon is in between 1 month to 6 months.

SBI Savings Fund seeks to generate returns by investing in short term floating rate corporate bond securities, debentures etc. with maturities not exceeding 3 years.

Full Specifications

What's new in version 2.8

General

Release April 20, 2020
Date Added April 20, 2020
Version 2.8

Operating Systems

Operating Systems iOS
Additional Requirements Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.

Popularity

Total Downloads 0
Downloads Last Week 0
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