SBI Mutual Fund launches SBI Fixed Maturity Plan Series 55: 1849 Days

NFO period: 16^th November – 22^nd November, 2021

Highlights of the NFO:

• Scheme type – A Close-ended Debt Scheme


• 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 to Long Term Debt index


• Maturity – 1849 days from the date of allotment