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SBI Mutual Fund launches SBI Fixed Maturity Plan Series 14: 1102 Days

by News Team | Mutual Fund

NFO period: 23rd July - 29th July, 2019

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 regular income over long term 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 Dividend option.

  • Fund Manager - Ms. Ranjana Gupta

  • Benchmark - CRISIL Medium Term Debt index

  • Maturity - 1102 days from the date of allotment

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