SBI MF introduces fixed Maturity Plan (FMP) Series 44 (1855 Days)
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SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP) Series 44 (1855 Days), a close ended debt scheme. The NFO opens for subscription on May 24, 2021 and closes on June 01, 2021. 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 with CRISIL Medium to Long Term Debt index and its fund managers is Ranjana Gupta.
The investment objective of the scheme is 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.
