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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) 11.0239 10.9137 11.0239 06-Nov-2009
SBI Magnum Income Plus Fund - Investment Plan (G) 15.3505 15.1970 15.3505 06-Nov-2009





Open Ended

Close Ended

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