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SBI Fixed Maturity Plan (FMP) - Series 13 (1108 Days) Floats On
16-Jul-2019 (11:02)
SBI Mutual Fund has unveiled a new fund named as SBI Fixed Maturity Plan (FMP) - Series 13 (1108 Days), a close ended debt scheme. The tenure of the scheme is 1108 days from the date of allotment. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The new issue will be open for subscription from 16 July 2019 to 22 July 2019.

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.

The scheme offers regular and direct plan. Both the plans will have growth option and dividend payout will be default facility.

The scheme will invest 60%-100% of assets in debt and invest upto 40% of assets in money market securities with low to medium risk profile.

The minimum application amount is Rs 5000 and in multiples of Re. 1 thereafter.

The fund seeks to collect a minimum subscription (minimum target) amount of Rs 20 crore under the scheme.

Entry and exit load charge will be nil for the scheme.

Benchmark Index for the scheme is CRISIL Medium Term Debt index.

The fund manager of the scheme is Ranjana Gupta.

Canara Robeco Overnight Fund Floats On
16-Jul-2019 (10:58)
Sundaram Large & Mid Cap Fund Announces dividend
16-Jul-2019 (10:24)
Franklin Templeton MF Announces change in Directorship
16-Jul-2019 (10:09)
Kotak FMP Series 273 Floats On
15-Jul-2019 (11:15)
PPFAS Mutual Fund Announces Change in the Fund Accountant
15-Jul-2019 (11:03)
Baroda Equity Savings Fund Announces Extension of NFO period
15-Jul-2019 (10:47)
Franklin Templeton MF Announces dividend under its schemes
15-Jul-2019 (10:33)
Aditya Birla Sun Life Arbitrage Fund Announces Dividend
15-Jul-2019 (10:17)
IDFC Focused Equity Fund Announces Change in STP Facility
13-Jul-2019 (12:36)
BOI AXA MF Announces change in fund managers under its schemes
13-Jul-2019 (12:25)
HDFC Arbitrage Fund Announces Dividend
13-Jul-2019 (12:13)
DSP Arbitrage Fund Announces Dividend
13-Jul-2019 (12:09)
Principal MF Announces Dividend under two schemes
12-Jul-2019 (12:52)
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