Minimum investment Rs 5,000
You can start investing in SBI Quant Fund with a minimum of Rs 5,000. The benchmark index of this scheme is BSE 200 TRI. The fund managers of the scheme are Sukanya Ghosh and Pradeep Kesavan (Overseas Fund).
Who can invest
This can be a better option for investors looking for an option to create wealth in the long term. The scheme aims to generate long-term capital appreciation by investing in equity and equity-related instruments on an in-house quant model.
What is a Quant Fund?
Quant funds or quantitative mutual funds use quantitative analysis to make investment decisions. SBI Quant Fund uses an in-house multi-factor model that incorporates factors such as momentum, value, quality and growth to optimize performance across different market cycles.
Wealth will be created in the long term
SBI Quant Fund provides investors with a strategic opportunity to diversify their portfolio and achieve better risk-adjusted returns. This scheme can be a better option for long-term capital appreciation.
Load
Exit load of 0.5% will be applicable if units purchased or switched out from another scheme of the fund are redeemed or switched out on or before 6 months from the date of allotment. Exit load will be zero if units purchased or switched out from another scheme of the fund are redeemed or switched out after 6 months from the date of allotment.
]]>Hence, earning and investing for both husband and wife after marriage can be a powerful way to secure their financial future. When it comes to financial management together, there are certain rules that both husband and wife must follow to ensure transparency, cooperation and mutual trust.
Joint financial decisions help you save for future investments, expenses and retirement. Today we will tell you some guidelines which you can keep in mind while taking joint financial decisions.
Together, husband and wife should create a budget that reflects their financial goals and priorities, track their income and expenses, allocate money for essential expenses, and save. Make your budget according to the need and keep in mind that both agree with that budget.
When you want to spend life together, it is very important that both of you have the same financial goals so that there is no problem in budgeting. For this, it is very important that both of you identify each other’s financial goals and work together. Home EMI, retirement planning, loan repayment, etc. can be included in these expenses.
Check the goals you have made at regular intervals and make changes as per the need. Keep in mind here that any change in the goal should be with the consent of both.
In taking financial goals, it is very important that you understand and support each other. Celebrate achievements together and be there for each other during challenging times.
We sometimes don’t understand certain things in making financial decisions, so always seek expert advice when it comes to money.
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