MUTUAL FUNDS
SBI MF introduces FMP-Series 33 (1128 Days)
Apr-23-2020

SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan-Series 33 (1128 Days), a Close Ended Debt Scheme. The NFO opens for subscription on April 23, 2020 and closes on April 27, 2020. No Exit load and Entry load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 1 thereafter.

The scheme’s performance will be benchmarked against its performance to CRISIL Medium Term Debt Index and its fund manager 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.

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