SBI MF introduces FMP-Series 52
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SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP)-Series 52 (1848 Days), a close ended debt scheme. The NFO opens for subscription on September 24, 2021, and closes on September 27, 2021. The Entry load and Exit Load is not applicable for the scheme. The minimum subscription amount is Rs 5000 & in multiples of Rs 1 thereafter.
The performance of the scheme shall be benchmarked against CRISIL Medium to Long Term Debt index and its fund manager is Ranjana Gupta.
The investment objective of the scheme is to 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.
