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Unrated

SBI Fixed Maturity Plan - Series 45 (1840 Days) - Regular Plan


Debt: FMP

Suitability:

Fixed Maturity Plans, as the name suggests, are funds that have a fixed tenure which can vary from three months to five years or even more. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. Therefore, they are similar to bank fixed deposits except that they do not offer guaranteed returns even though they aim to better what an FD can fetch.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for an investment horizon of up to three years) in their longer-term portfolios.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -0.17 -0.17 0.94 2.41 -- -- -- -- -- --
CCIL T Bill Liquidity Weight -- 0.03 0.04 0.20 0.62 -- -- -- -- -- --
Debt: FMP -- -0.02 0.03 0.34 1.16 -- -- -- -- -- --
Rank within category -- 308 315 11 1 -- -- -- -- -- --
Number of funds in category 301 317 316 313 306 301 301 55 3 3 0

As on 24-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Fixed Maturity Plan - Series 45 (1840 Days) - Regular Plan
Unrated
Jun-21 -- -- -- -- 182
Kotak FMP Series 252 - 1261 Days - Regular Plan
Unrated
Nov-18 4.85 -- -- 0.09 1,349
HDFC Fixed Maturity Plan - 1487 Days - August 2018 (1) - Regular Plan
Unrated
Sep-18 10.65 9.77 -- 0.27 790
Kotak FMP Series 239 - 1330 Days - Regular Plan
Unrated
Aug-18 8.87 9.72 -- 0.12 780
SBI Fixed Maturity Plan - Series 41 (1498 Days) - Regular Plan
Unrated
Mar-21 -- -- -- 0.35 754

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.55 14-Jul-2021 - 21-Jul-2021 -0.58 29-Jun-2021 - 06-Jul-2021
Month 1.67 09-Aug-2021 - 08-Sep-2021 0.17 29-Jun-2021 - 29-Jul-2021
Quarter 2.59 24-Jun-2021 - 23-Sep-2021 2.21 25-Jun-2021 - 24-Sep-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.37 0.39 -1.71 -4.34 -- --
Debt: FMP* 7.80 2.15 2.19 4.17 1.29 4.62
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 11 11 -- 15
Modified Duration (yrs) -- -- -- --
Average Maturity (yrs) -- -- -- --
Yield to Maturity (%) -- -- -- --
Avg Credit Rating GOI/Cash -- -- --

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.60% Bihar State 2026 State Development Loan SOV 33.31 - 33.71 33.31
equal 8.02% Telangana State 2026 State Development Loan SOV 20.74 - 21.00 20.74
equal 8.54% Bihar State 2026 State Development Loan SOV 12.07 - 12.22 12.07
equal 8.01% Tamilnadu State 2026 State Development Loan SOV 11.86 - 12.01 11.86
equal 8.03% Uttar Pradesh State 2026 State Development Loan SOV 5.93 - 6.00 5.93
equal 7.97% Telangana State 29/06/2026 State Development Loan SOV 5.93 - 6.00 5.93
equal 8.08% Maharashtra State 15/06/2026 State Development Loan SOV 2.98 - 3.01 2.98
equal 7.98% Kerala State 29/06/2026 State Development Loan SOV 2.96 - 3.00 2.96
equal GOI 2026 GOI Securities SOV 1.04 - 1.05 1.04
new GOI 22/02/2026 GOI Securities SOV 0.00 - 0.57 0.57
equal GOI 22/02/2025 GOI Securities SOV 0.00 - 0.14 0.14

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Ranjana Gupta since 14-Jun-2021

Education: She is a Commerce graduate from Mumbai University

Experience: Prior to joining SBI Mutaul Fund, She was heading the broking activities at Twentyfirst Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer in 1995 with OTCEI.

Funds Managed:


-0.17%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 10.2343

IDCW: ₹ 10.2343


Investment Strategy

The scheme seeks 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.

Investment Details

Tenure (Days) 1840
Maturity date 30-Jun-2026

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 17-Jun-2021
Return Since Launch: 2.34%
Benchmark: CRISIL Medium to Long Term Debt
Riskometer: Moderate
Type: Closed-end

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

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DateThursday, 30-Sep-2021
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