SBI Mutual Fund launches SBI Fixed Maturity Plan Series 56: 1232 Days

NFO period: 06^th December – 15^th December, 2021

Highlights of the NFO:

• Scheme type – A Close-ended Debt Scheme. A relatively High Interest rate Risk and a 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 – 1232 days from the date of allotment