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


SBI Magnum IT Fund



Objective : To provide the investors maximum growth opportunity through equity investment in stocks of IT sector.

Structure : Open-ended Equity Scheme

Inception Date : July 14, 1999

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs. 2000

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
SBI MSFU IT 20.70 20.49 21.17 15-May-2008





Open Ended

Close Ended

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