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News SBI Mutual Fund launches SBI Fixed Maturity Plan Series 69: 367 Days
Oct 26, 2022
Mutual Fund
SBI Mutual Fund launches SBI Fixed Maturity Plan Series 69: 367 Days
NFO period: 25th October - 31st October, 2022
Highlights of the NFO:
- Scheme type - A close ended debt scheme. A relatively low interest rate risk and relatively high 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.
- Fund Manager - Ms. Ranjana Gupta
- Benchmark - Crisil Short Term Bond Fund Index
- Maturity - 367 days from the date of allotment
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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