About:
SBI International Access US Equity FOF is a fund of funds scheme launched by SBI Mutual Funds. The NFO of the fund is open from the 01st of March 2021 till the 15th of March 2021. This fund will be investing its assets in units of Amundi Fund-US Pioneer Fund. SBI International Access US Equity FOF offers exposure to the world’s most innovative & largest companies not listed in India. It gives diversification benefits to investors because of the low correlation between the domestic & US markets. The minimum application amount is Rs. 5,000. Additional investments can be made with Rs. 1,000. For the SIP investment, Daily, weekly, monthly, quarterly, semi-annual and annual SIP options are available. The minimum Daily SIP amount is Rs.500. The fund charges an exit load of 1% of NAV if the units are redeemed within 1 year of purchase and NIL if units are redeemed after 1 year of purchase. The tax on SBI International Access US Equity FOF is as per non-equity. The fund is suitable for investors seeking long-term capital growth through investments in international equities.
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