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


SBI Magnum Income Fund



Objective : To provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities.

Structure : Open-ended Debt Scheme

Inception Date : January 12, 1998

Plans and Options under the Plan :
(A) Growth Plan (B) Dividend Plan (C) Bonus Plan (D) Floating Rate Plan Options available under Floating Rate Plan Short Term (Growth, Dividend & Weekly Dividend)Long Term (Regular (Dividend & Growth) Long Term (Institutional (Dividend & Growth)

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs.2000.

Entry Load : Nil.

Exit Load : Investment Up Rs. 50 lacs : 0.5%; for exit within 6 months from date of investment . Investments above Rs. 50 lacs: Nil

Latest NAV

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
SBI Magnum Income Fund-Bonus 12.5969 12.5339 12.5969 15-May-2008
SBI Magnum Income Fund-Dividend 10.2359 10.1847 10.2359 15-May-2008
SBI Magnum Income Fund-Growth 20.7965 20.6925 20.7965 15-May-2008





Open Ended

Close Ended

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