SBI Magnum Global Fund Growth is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 30 Sep 1994. Rama Iyer Srinivasan is the Current Fund Manager of SBI Magnum Global Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹3,748 Cr and the Latest NAV as of 14 Feb 2020 is ₹183.86.
The SBI Magnum Global Fund Growth is rated High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months..
The Objective of the Scheme is to provide investors with maximum growth opportunity.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months.