October 21, 2022
mayank
NFO of SBI Fixed Maturity Plan – Series 69 (367 Days)
NFO opens on October 25 ,2022
NFO will close on October 31 ,2022
(Our detailed Guidance is given at the bottom of the Page)
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.
Basic Details
| Fund House | SBI Mutual Fund |
| Issue Open | 25 October 2022 |
| Issue Close | 31 October 2022 |
| Type | Closed-end |
| Category | Debt: Fixed Maturity |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Tenure (Days) | 367 |
| Riskometer | Low to Moderate |
| Benchmark | CRISIL Short-Term Bond Index |
About Benchmark Index
CRISIL Short Term Bond Fund Index seeks to track the performance of a debt portfolio that includes government
securities, AAA/AA rated corporate bonds, Commercial Papers and Certificates of Deposit.
Features
● Total Return Index seeking to capture coupon and price returns of the underlying portfolio
● Base date for the Index : March 31, 2002
● Index portfolio marked-to-market on a daily basis using CRISIL Gilt and Bond valuations
● Index is fully invested at all points of time with no cash component
● Derived index from the following sub-indices
− CRISIL Gilt Index
− CRISIL AAA Short Term Bond Index
− CRISIL AA Short Term Bond Index
− CRISIL Composite CP Index
− CRISIL Composite CD Index
Key Characteristics
● Rich history: CRISIL Short Term Bond Fund Index has an inception date of March 31, 2002. Thus the index
has been in existence over a decade, seen multiple interest rate cycles, and has stood the test of time
● Liquidity: The index seeks to capture the movement in a portfolio consisting of most liquid government and
corporate securities by using appropriate market representation
● Replicability: The index constituents are valued on a daily basis. This lends the index a realistic approach by
having the valuations close to the market levels
Methodology
● Weights to each of the sub-indices rebalanced annually based on market polls
● Index valued on a daily basis using CRISIL Valuation services
CRISIL Short Term Bond Fund Index Details – March 01, 2018
| Parameters | Values |
| Average Maturity (years) | 2.23 |
| Modified Duration (years) | 1.68 |
Fund Manager
1) Ranjana Gupta
Education : She is a Commerce graduate from Mumbai University
Experience : Prior to joining SBI Mutual Fund, She was heading the broking activities at Twenty first Century Shares and Securities Ltd from May 1995 to February 2008. She started her career as a dealer in 1995 with OTCEI.
Past Performance of his Schemes
AMC:
SBI Funds Management Ltd
Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai – 400051
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
Website: www.camsonline.com
Guidance for NFO of SBI Fixed Maturity Plan – Series 69 (367 Days)
by Paresh Gordhandas, Research Analyst.
Updated Soon
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