SBI Magnum Constant Maturity Fund Direct Growth is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Constant Maturity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹500 Cr and the Latest NAV as of 17 Jan 2020 is ₹45.70.
The SBI Magnum Constant Maturity Fund Direct Growth 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