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Mutual Funds in India : SBI Mutual Fund : SBI Magnum Monthly Income Plan Floater


SBI Magnum Monthly Income Plan Floater



Objective : To provide regular income, liquidity and attractive returns to investors in addition to mitigating the impact of interest rate risk through an actively managed portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives.

Structure : Open-ended Debt Scheme

Inception Date : November 30, 2005

Plans and Options under the Plan :
Growth Option & Dividend Option

Face Value (Rs/Unit): Rs. 10

Minimum Investment :
Rs. 10,000

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 Monthly Income Plan-Floater-Dividend-(Annual) 10.9090 10.9090 10.9090 15-May-2008
SBI Magnum Monthly Income Plan-Floater-Dividend-(Monthly) 10.4551 10.4551 10.4551 15-May-2008
SBI Magnum Monthly Income Plan-Floater-Dividend-(Quarterly) 10.3891 10.3891 10.3891 15-May-2008
SBI Magnum Monthly Income Plan-Floater-Growth 11.7499 11.7499 11.7499 15-May-2008





Open Ended

Close Ended

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