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


SBI Magnum Equity Fund

Objective : To provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme through investments primarily in equities and the balance in debt and money market instruments.

Structure : Open-ended Diversified Equity Fund

Inception Date : January 02, 1991

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
Magnum Equity Fund -Dividend 32.83 32.50 32.83 20-Nov-2009
Magnum Equity Fund- Growth 37.17 36.80 37.17 20-Nov-2009





Open Ended

Close Ended

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