Description
NSE suspends trading in four variants of SBI Mutual Fund Fixed Maturity Plan Series 64 (1169 Days) effective November 10, 2025 due to redemption.
Summary
National Stock Exchange has announced the suspension of trading in four variants of SBI Mutual Fund - Fixed Maturity Plan (FMP) Series 64 with 1169 days tenure. The suspension is due to redemption of these schemes and will be effective from November 10, 2025. Trading will cease at the closing hours on November 7, 2025.
Key Points
- Four variants of SBI FMP Series 64 (1169 Days) will be suspended from trading
- Variants include: Regular Plan Growth (SFMP64GR), Regular Plan IDCW Payout (SFMP64DR), Direct Plan Growth (SFMP64GD), and Direct Plan IDCW Payout (SFMP64DD)
- Suspension reason: Redemption of the fixed maturity plan
- Trading will stop at closing hours on November 7, 2025
- Suspension becomes effective from November 10, 2025
- Circular issued under NSE Capital Market Trading Regulations Part A, Regulation 3.1.2
Regulatory Changes
No new regulatory changes introduced. This is a standard operational circular for suspension of trading in mutual fund units upon scheme maturity.
Compliance Requirements
- All NSE members must note the suspension and cease trading in the specified securities from the suspension date
- Trading systems should be updated to reflect the suspension effective from November 10, 2025
- Last trading opportunity available until closing hours on November 7, 2025
Important Dates
- Circular Date: October 29, 2025
- Last Trading Day: November 7, 2025 (closing hours)
- Suspension Effective Date: November 10, 2025
Affected Securities
| Symbol | ISIN | Scheme Name | Series |
|---|---|---|---|
| SFMP64GR | INF200KA15N9 | SBI FMP Sr 64 - 1169 Days - RP - G | MF |
| SFMP64DR | INF200KA16N7 | SBI FMP Sr 64 - 1169 Days - RP - IDCWP | MF |
| SFMP64GD | INF200KA17N5 | SBI FMP Sr 64 - 1169 Days - DP - G | MF |
| SFMP64DD | INF200KA18N3 | SBI FMP Sr 64 - 1169 Days - DP - IDCWP | MF |
Impact Assessment
Market Impact: Minimal. This is a routine administrative action affecting only unitholders of the specific SBI Fixed Maturity Plan series.
Investor Impact: Low. Fixed Maturity Plans have predetermined maturity dates, and investors would have been aware of the redemption timeline. The suspension is a natural consequence of the scheme reaching maturity.
Operational Impact: Standard procedure for mutual fund schemes reaching maturity. No disruption to broader market operations expected.
Impact Justification
Routine administrative suspension of mutual fund units upon maturity and redemption. Affects only specific SBI FMP Series 64 unitholders. No broader market impact.