SBI MF introduces Dual Adavantage Fund - Series V SBI Mutual Fund has launched the New Fund Offer (NFO) of SBI Dual Advantage Fund - Series V, a close ended income scheme. The NFO opens for subscription on Oct 31, 2014 and closes on Nov 14, 2014.  No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re. 1  thereafter. The scheme’s performance will be benchmarked against Crisil MIP Blended Fund Index and its fund managers are Rajeev Radhakrishnan and Dharmendra Grover. The investment objective of the scheme is to  generate income by investing in a portfolio of fixed income securities maturing on or before the maturity of the scheme. The secondary objective is to generate capital appreciation by investing a portion of the scheme corpus in Equity and equity related instruments.