SBI Magnum Constant Maturity Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 03 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Constant Maturity Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹451 Cr and the Latest NAV as of 23 Oct 2019 is ₹14.95.
The SBI Magnum Constant Maturity Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment