SBI Mutual Fund launches SBI Fixed Maturity Plan Series 81: 1157 Days

by News Team | Mutual Fund

NFO period: 21st March – 28th March, 2023

Highlights of the NFO:

  • Scheme type – A close-ended debt scheme. A relatively high interest rate risk and relatively low credit risk

  • 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 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. IDCW will have the facility of Payout of Income Distribution cum capital withdrawal option (IDCW Payout) & Transfer of Income Distribution cum capital withdrawal plan (IDCW Transfer).

  • Fund Manager – Ms. Ranjana Gupta

  • Benchmark – CRISIL Medium Term Debt index

  • Maturity – 1157 days from the date of allotment

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