SBI Magnum Income Fund-Regular Plan-Growth - Investment Information
- Debt
- Medium to Long Duration
- Status: Open
About This Fund
SBI Magnum Income Fund-Regular Plan-Growth To provide investors an opportunity to generate regular income through investments in debt and money market instruments such that the Macaulay duration of the portfolio is between 4 years and 7 years. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. The scheme doesn’t assure or guarantee any returns.
Investment Details
Fund size
₹1,972.77 Cr.
Min. Investment
₹5,000
Min. Sip Inv.
₹500
Min. Addl Inv.
₹1,000
Expense Ratio
1.46%
Turn over
78%
Exit Load
SBI Magnum Income Fund - Regular Plan - Growth charges 1.0% of sell value; if fund sold before 365 days. There are no other charges.
Basic Details
KRA
CAMS
Inv. Plan
Growth
Launched On
25 Nov 1998
Benchmark
CRISIL Medium to Long Duration Fund BIII Index
Fund Type
Open Ended
AMC Information
AMC
SBI Mutual Fund
Email
partnerforlife@sbimf.com
Office No
022-61793000
Website
https://www.sbimf.com
Address
9th Floor, Crescenzo, C-38 & 39, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051
SIP Amount
₹
Monthly SIP Date
SBI Magnum Income Fund-Regular Plan-Growth
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