| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.47% |
| NAV | ₹13.88 (12 Aug 2020) |
|---|---|
| Fund Started | 25 Nov 1998 |
| Fund Size | ₹1,386 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 19.8% |
| GOI | Sovereign | GOI Sec | 16.4% |
| GOI | Sovereign | GOI Sec | 10.7% |
| L&T Metro Rail (Hyderabad) Ltd. | Construction | Debenture | 7.4% |
| Indian Bank | Financial | Debenture | 5.3% |
| Embassy Office Parks REIT | Construction | NCD | 5.0% |
| GOI | Sovereign | GOI Sec | 4.7% |
| Coastal Gujarat Power Ltd. | Engineering | Debenture | 4.3% |
| L&T Ahmedabad Maliya Tollway Ltd. | Services | SO | 4.3% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Debenture | 3.6% |
SBI Magnum Income Fund Dividend Half Yearly is a Debt Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was made available to investors on 25 Nov 1998. Dinesh Ahuja is the Current Fund Manager of SBI Magnum Income Fund Dividend Half Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹1,386 Cr and the Latest NAV as of 12 Aug 2020 is ₹13.88.
The SBI Magnum Income Fund Dividend Half Yearly is rated Moderate risk. Minimum SIP Investment is set to 500. For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year
The objective of the scheme is to provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.