Mutual Funds in India Indobase.comMutual Funds in IndiaMutual Funds in IndiaMutual Funds in India







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


SBI Magnum Contra Fund



Objective : To provide the investors maximum growth opportunity through equity investments in Contrarian Stocks (investment in stocks currently out of favour).

Structure : Open-ended Equity Scheme

Inception Date : July 14, 1999

Plans and Options under the Plan :
Growth & Dividend Option

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs. 2000/-

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 0%.

Latest NAV

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
SBI MSFU CONTRA-DIVIDEND 31.87 31.55 32.59 15-May-2008
SBI MSFU CONTRA-GROWTH 49.00 48.51 50.10 15-May-2008





Open Ended

Close Ended

Disclaimer: This site is meant for informative purposes only. Please consult the website of the concerned mutual fund or any other relevant source for exact information. If there is any error in information on this site, kindly bring it to our notice by sending us a Feedback.