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

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 13.3793 13.2455 13.3793 20-Nov-2009
SBI Magnum Income Fund-Dividend 10.3606 10.2570 10.3606 20-Nov-2009
SBI Magnum Income Fund-Growth 22.0882 21.8673 22.0882 20-Nov-2009





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.