SBI Mutual Fund launches SBI Fixed Maturity Plan Series 63: 372 Days
Aug 16, 2022 by News Team
NFO period: 16th August - 22nd August, 2022
Highlights of the NFO:
Scheme type - A close-ended Debt Scheme. A relatively Low Interest rate Risk and moderate Credit Risk
Investment objective - 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. There is no assurance or guarantee that the scheme’s objective will be achieved.
Product suitability - The product is suitable for investors who are seeking income with capital growth over the tenor of the scheme by investing in Debt/Money Market Instrument/Govt. Securities.
Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Direct Plan and Regular Plan having Growth and Income Distribution cum capital withdrawal (IDCW) option.