MUTUAL FUNDS
SBI India MF introduces FMP-Series 41 (1498)
Mar-22-2021

SBI Mutual Fund (MF) has launched the SBI FMP-Series 41(1498), a close ended debt scheme. The NFO opens for subscription on March 22, 2021, and closes on March 24, 2021. The Entry load and the Exit Load is not applicable for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Re 1 thereafter.

The performance of the scheme shall be benchmarked against CRISIL Medium Term Debt index and its fund manager is Ranjana Gupta.

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 such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

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