SBI Mutual Fund has launched new fund offfer (NFO) as  SBI Tax Advantage Fund – SERIES II under ELSS category from December 22, 2011 as close ended fund. The scheme objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies across large, mid and small market capitalization, along with income tax benefit.The investment objective of the scheme is to generate capital appreciation over a period of ten years by investing predominantly in equity and equity-related instruments of companies across large, mid and small market capitalization,…

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