|Min SIP Amount||₹500|
|NAV||₹50.73 (03 Jul 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹2,752 Cr|
SBI Magnum Gilt Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,752 Cr and the Latest NAV as of 03 Jul 2020 is ₹50.73.
The SBI Magnum Gilt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
To provide the investors with the returns generated through investments in government securities issued by the Central Govt. and State Govt.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.