SBI Magnum Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹1,574 Cr and the Latest NAV as of 23 Aug 2019 is ₹45.6.
The SBI Magnum Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To provide the investors with the returns generated through investments in government securities issued by the Central Govt. and State Govt.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment