SBI Magnum MultiCap Fund Dividend is a Equity Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 29 Sep 2005. Anup Upadhyay is the Current Fund Manager of SBI Magnum MultiCap Fund Dividend.The fund currently has an Asset Under Management(AUM) of ₹7,465 Cr and the Latest NAV as of 23 Aug 2019 is ₹20.7.
The SBI Magnum MultiCap Fund Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 1000. Exit load of 0.10% if redeemed within 30 days..
Investment Objective
To provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks spanning the entire market capitalization spectrum, debt and money market instruments.
Tax Implications
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)
₹1000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.10% if redeemed within 30 days.
Exit Load