SBI MF introduces FMP-Series 46 (1850 Days)
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SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP)-Series 46 (1850 Days), a close ended debt scheme. The NFO opens for subscription on July 02, 2021 and closes on July 06, 2021. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Re 1 thereafter.
The performance of the scheme shall be benchmarked to the CRISIL Medium to Long Term Debt index and its fund manager is Ranjana Gupta.
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.
