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SBI Mutual Fund launches SBI Fixed Maturity Plan Series 66: 1361 Days

Jul 15, 2022 by News Team

NFO period: 14th July - 18th July, 2022

Highlights of the NFO:

  • Scheme type - A close ended debt scheme. A relatively high interest rate risk and relatively low 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.

  • Fund Manager - Ms. Ranjana Gupta

  • Benchmark - CRISIL Medium Term Debt index

  • Maturity - 1361 days from the date of allotment

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)