|Min SIP Amount||₹500|
|NAV||₹49.95 (23 Oct 2020)|
|Fund Started||30 Dec 2000|
|Fund Size||₹3,693 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 ₹3,693 Cr and the Latest NAV as of 23 Oct 2020 is ₹49.95.
The SBI Magnum Gilt Fund Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.