News Details

SBI Mutual Fund launches SBI Fixed Maturity Plan Series 47: 1434 Days

Jul 20, 2021 by News Team

NFO period: 19th July – 22nd July, 2021

Highlights of the NFO:

  • Scheme type – A Close-ended Debt Scheme

  • Investment objective – The scheme endeavours to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme. There is no assurance or guarantee that the scheme’s objective will be achieved.

  • Product suitability – The product is suitable for investors who are seeking income with capital growth over the tenor of the scheme by investing in Debt/Money Market Instrument/Govt. Securities.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – Direct Plan and Regular Plan having Growth and Income Distribution cum capital withdrawal (IDCW) option.

  • Fund Manager – Ms. Ranjana Gupta

  • Benchmark – CRISIL Medium Term Debt index

  • Maturity – 1434 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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