SBI Mutual Fund introduces FMP- Series 66- 1361 D
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
SBI Mutual Fund (MF) has launched SBI Fixed Maturity Plan (FMP)- 66 (1361 Days), a close ended debt scheme with relatively high interest rate risk and relatively low credit risk. The NFO opens and closes for subscription on July 11, 2022. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiple of Re 1 thereafter.
The performance of the Scheme would be benchmarked against 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.
