SBI MF introduces FMP - Series 72- 1239 D
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
SBI Mutual Fund (MF) has launched SBI Fixed Maturity Plan (FMP)-Series 72 (1239 Days), a close ended debt scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on November 17, 2022 and closes on November 21, 2022. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked to the performance of CRISIL Medium Term Debt index and its fund manager is Ranjana Gupta.
The investment objective of 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.
