SBI Fixed Maturity Plan - Series 81 (1157 Days) - Regular Plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43413/sbi-fixed-maturity-plan-series-81-1157-days-regular-plan/Get the latest information and complete track record of 'SBI Fixed Maturity Plan - Series 81 (1157 Days) - Regular Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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SBI Fixed Maturity Plan - Series 81 (1157 Days) - Regular Plan
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."
he 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.
Fund Manager
Name
Ranjana Gupta since 21-Mar-2023
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.
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