SBI MF introduces Fixed Maturity Plan (FMP) Series 43 (1616 Days)
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SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP) Series 43 (1616 Days), a close ended debt scheme. The NFO opens for subscription on April 27, 2021, and closes on April 28, 2021. The Entry load and Exit Load is not applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The performance of the Scheme will be benchmarked with CRISIL Medium Term Debt index and its fund managers 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 such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.
