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News SBI Mutual Fund launches SBI Fixed Maturity Plan Series 5: 92 Days
May 8, 2019
Mutual Fund
SBI Mutual Fund launches SBI Fixed Maturity Plan Series 5: 92 Days
NFO period: 08th May - 13th May, 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 short 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 Short Term Bond Fund Index
- Maturity - 92 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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