|Min SIP Amount||₹500|
|NAV||₹49.34 (12 Aug 2020)|
|Fund Started||30 Dec 2000|
|Fund Size||₹4,108 Cr|
SBI Magnum Gilt Fund Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 30 Dec 2000. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Gilt Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹4,108 Cr and the Latest NAV as of 12 Aug 2020 is ₹49.34.
The SBI Magnum Gilt Fund 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.