|Min SIP Amount||Not Supported|
|NAV||₹16.99 (22 Oct 2020)|
|Fund Started||03 Jan 2013|
|Fund Size||₹3,693 Cr|
SBI Magnum Gilt Fund Direct Dividend Quarterly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 03 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Direct Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹3,693 Cr and the Latest NAV as of 22 Oct 2020 is ₹16.99.
The SBI Magnum Gilt Fund Direct Dividend Quarterly is rated Moderate risk. Minimum SIP Investment is set to 500.
The scheme aims to generate returns through investments in government securities. It will normally maintain an average maturity of more than three years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.