SBI Mutual Fund launches SBI Fixed Maturity Plan Series 77: 366 Days
06 Feb,
2023
By: Eastern Fin Research Team#Mutual Fund
NFO period: 06th February - 13th February, 2023
Highlights of the NFO:
Scheme type - A close-ended debt scheme. A Relatively Low Interest rate Risk and Relatively High 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. IDCW will have the facility of Payout of Income Distribution cum capital withdrawal option (IDCW Payout) & Transfer of Income Distribution cum capital withdrawal plan (IDCW Transfer).
Eastern Financiers, one of the first investment and financial consultant in Eastern
India have grown to become one of the largest investment consultants in the country.