Description

NSE suspends trading in four SBI Mutual Fund FMP Series 48 schemes effective July 31, 2025 due to redemption.

Summary

NSE has announced the suspension of trading in four SBI Mutual Fund FMP (Fixed Maturity Plan) Series 48 schemes effective July 31, 2025, due to redemption. The suspension will take effect from the closing hours of trading on July 30, 2025.

Key Points

  • Four SBI Mutual Fund FMP Series 48 schemes to be suspended from trading
  • All schemes are 1458-day fixed maturity plans with different payout options
  • Suspension reason: Redemption of the schemes
  • Effective suspension date: July 31, 2025
  • Last trading day: July 30, 2025

Affected Schemes

  1. SBI FMP-Series 48 (1458 Days)-RP-G (SFMP48GR - INF200KA1Y08)
  2. SBI FMP-Series 48 (1458 Days)-RP-IDCW Payout (SFMP48DR - INF200KA1Y16)
  3. SBI FMP-Series 48 (1458 Days)-DP-G (SFMP48GD - INF200KA1Y24)
  4. SBI FMP-Series 48 (1458 Days)-DP-IDCW Payout (SFMP48DD - INF200KA1Y32)

Regulatory Framework

The suspension is implemented under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Important Dates

  • Last Trading Day: July 30, 2025 (closing hours)
  • Suspension Effective Date: July 31, 2025

Impact Assessment

This is a routine administrative action affecting only the specific SBI Mutual Fund FMP Series 48 schemes. The impact is limited to investors holding these particular fixed maturity plan units, as the schemes are reaching their natural redemption date after the 1458-day tenure.

Impact Justification

Routine suspension of specific mutual fund units due to redemption - affects only these specific FMP schemes