InvestVerdict· Mutual Funds

SBI Fixed Maturity Plan (FMP) - Series 57 (1835 Days)

Option Growth IDCW

Fund basics

Launched first published NAV
CategoryIncomeSEBI classification
Plan & optionDirect · Growth code 149431
Benchmark no equity benchmark for this category
NAV as on27 Aug 2026source AMFI

What a Income scheme is

A SEBI-classified mutual fund scheme.

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Questions people ask

What is the NAV of SBI Fixed Maturity Plan (FMP) - Series 57 (1835 Days) — Direct Plan — Growth?

₹13.2504 as on 27 Aug 2026, from AMFI's daily NAV file. NAV is declared once each business day after markets close, so the figure here is the most recent one published.

What is the difference between the Direct and Regular plan of SBI Fixed Maturity Plan (FMP) - Series 57 (1835 Days)?

They hold the identical portfolio, run by the same manager. A Regular plan pays a distributor commission out of the fund, inside its expense ratio — commonly 0.5% to 1.2% a year more than Direct. That difference is charged on the whole balance, every year, so it compounds: on ₹1,00,000 held ten years a gap of 1.5 percentage points is roughly ₹1.4 lakh of ending value. Direct is the same fund without the commission.

What does the Growth option mean?

Growth reinvests everything the fund earns back into the NAV. Nothing is paid out, so the NAV rises with returns and you are taxed only when you sell. For anybody who does not need income from the investment, Growth is the simpler and usually the more tax-efficient option.

What kind of scheme is this?

A SEBI-classified mutual fund scheme.