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Mutual Funds in India : SBI Mutual Fund : SBI Magnum Balanced Fund


SBI Magnum Balanced Fund



Objective : To provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt.

Structure : Open-ended Equity & Debt Fund

Inception Date : May 01, 1996

Plans and Options under the Plan :
Growth & Dividend Option

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs. 1000

Entry Load : For investments below Rs. 5 crores, Entry load is 2.25%. For Investments of Rs. 5 crores and above, Entry Load is Nil.

Exit Load : If redeemed before 6 Months; and Amount less than 5 crores, Exit load is 1%. For Amount greater than 5 crores, Exit load is Nil.

Latest NAV

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
SBI Magnum Balanced Fund - Dividend 27.20 26.93 27.81 15-May-2008
SBI Magnum Balanced Fund - Growth 42.06 41.64 43.01 15-May-2008





Open Ended

Close Ended

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