SBI Mutual Fund, the country’s largest mutual fund house, has collected over Rs 6,700 crore through its latest offering- Energy Opportunities Fund – beating its internal target of Rs 5,000 crore.
In a statement, the fund house said the NFO has received a widespread response from all distribution channels and the overall number of applications crossed close to 500,000.
The NFO saw a large number of new investors participating which underscores the trust of investors and distributors in SBI Mutual Fund. It also underlines the strong belief that investors have in the energy theme, it said.
