SBI Fixed Maturity Series 76 1221 Days Fund Direct Growth

SBI Fixed Maturity Series 76 1221 Days Fund Direct Growth is a debt fund. This fund was started on 18 January, 2023. The fund is managed by Ranjana Gupta. This fund is suitable to keep your money safe.

1. SBI Fixed Maturity Series 76 1221 Days Fund Direct Growth has ₹161 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
2. The fund has an expense ratio 0.2.
   

SBI Fixed Maturity Series 76 1221 Days Fund Direct Growth has given a CAGR return of 7.67% since inception. Over the last 1 year the fund has given a CAGR return of 8.18%.

SBI Fixed Maturity Series 76 1221 Days Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 0% GOI- 22022026 STRIPS, Goi Strips - Mat 190326, GSCG 26APR2026, 08.55 RJ Sdl 2026, 7.36 Goi

As it is a fixed maturity short-term bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

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.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. SBI Fixed Maturity Series 76 1221 Days Fund Direct Growth has no lock in period.