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 Plus Fund Investment Plan


SBI Magnum Income Plus Fund Investment Plan



Objective : To provide attractive returns either through periodic dividends or through capital appreciation through an actively managed portfolio of debt, equity and money market instruments. Income may be generated through the receipt of coupon payments, the amortization of the discount on the debt instruments, receipt of dividends or purchase and sale of securities in the underlying portfolio.

Structure : Open-ended Income Scheme

Inception Date : January 11, 2003

Plans and Options under the Plan :
Growth & Dividend Option

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs.25000

Entry Load : Nil.

Exit Load : 1% of exit load within 6 months and 0.5% of exit load within 1 year.

Latest NAV

Scheme Name NAV (Net Asset Value) Repurchase Price Sale Price Date
SBI Magnum Income Plus Fund - Investment Plan (D) 10.8739 10.7652 10.8739 15-May-2008
SBI Magnum Income Plus Fund - Investment Plan (G) 14.4197 14.2755 14.4197 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.