What is SBI Magnum Global Fund Regular Plan growth?
The expense ratio of the fund is 2.03% for Regular plan as on Apr 30, 2022. 5. SBI Magnum Global Fund shall attract an Exit Load, “Exit load of 1% if redeemed within 12 months.”…Basic Details.
Fund House | SBI Mutual Fund |
---|---|
Return Since Launch | 14.28% |
Benchmark | NIFTY MNC Total Return Index |
Riskometer | Very High |
Type | Open-ended |
What is SBI Magnum Monthly Income Plan?
SBI Debt Hybrid Fund is a conservative hybrid fund. It was originally launched as a monthly income plan under the name SBI Magnum Monthly Income Plan in April 2001. The scheme has given attractive returns of 6.84% and 9.30% over the last 3 year and 5 year periods respectively (as of January 2019).
What is the rate of SBI Magnum?
1. The Current Net Asset Value of the SBI Magnum Global Fund as of 03 Jun 2022 is Rs 257.8233 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: 2.27% (1yr), 14.23% (3yr), 11.11% (5yr) and 14.17% (since launch).
Is SBI Magnum Global Fund under 80c?
SBI Magnum Taxgain Scheme: Investment in a portfolio of equity shares, while offering deduction under Section 80 C of IT Act, 1961. SBI Magnum Global Fund : Investment in India equities, PCDs and FCDs from selected industries with high-growth potential to provide investors maximum growth opportunity.
What is Magnum Global fund?
SBI Magnum Global Fund aims to provide investors with opportunities for long-term capital appreciation through an active management of investments in diversified portfolio comprising primarily of MNC companies. The fund invests minimum of 80% in stocks of companies within MNC* space.
How can I redeem my SBI Mutual Fund?
An investor can choose to withdraw money from liquid funds by filling in a transaction slip and requesting for a redemption subject to completion of KYC requirements. Alternatively, he can choose to redeem online through website of the mutual fund or through the mobile app.
Which is best monthly income scheme?
6 Best Monthly Income Schemes In India
- Fixed Deposit. Undoubtedly one of the best and most low-risk income schemes is a bank Fixed Deposit (FD).
- Post Office Monthly Income Scheme (POMIS)
- Long-term Government Bond.
- Corporate Deposits.
- SWP from Mutual Funds.
- Senior Citizen Saving Scheme.
Is SBI Magnum Income Fund good?
3. The SBI Magnum Income Fund currently holds Assets under Management worth of Rs 1655.37 crore as on Mar 31, 2022….Basic Details.
Fund House | SBI Mutual Fund |
---|---|
Assets | 1,655.37 Cr (As on 31-Mar-2022) |
Exense | 1.46% (As on 30-Apr-2022) |
Risk Grade | Below Average |
Return Grade | Above Average |
How do I find an old NAV?
There are three main sources that you can tap into to check an MF’s historical NAV:
- Individual AMC websites.
- The Association of Mutual Funds of India (AMFI) NAV history page.
- ET Money.
What is the rate of return of SBI Mutual Fund?
SBI Mutual Fund
Scheme Name | Crisil Ranking | 1 year Return (%) |
---|---|---|
SBI Conservative Hybrid Fund | Rank 3 | 6.7 |
SBI Conservative Hybrid Fund | Rank 3 | 6.1 |
SBI Conservative Hybrid Fund | Rank 3 | 6.1 |
SBI Conservative Hybrid Fund | Rank 3 | 6.1 |
What is SBI Comma Fund?
SBI Magnum Comma Fund aims to provide investors with opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity and commodity related businesses.
What is Magnum certificate?
These documents are provided to show which Magnum products have been independently tested and certified for product safety.