SBI Equity

Will you please let me know more about State Bank India, Magnum Equity Fund scheme?

[shikha]

As per your concern I will let you know about State Bank India, Magnum Equity Fund scheme so that you can get idea about it.


The State Bank India, Mutual Fund Magnum Equity Fund scheme provide the investor Long-term capital appreciation by investing in high growth companies along with the liquidity of an open-ended scheme.

Asset Allocation

Instrument Normal Allocation (% of Net Assets) Risk Profile
Equity and related instruments Not less than 70% Medium to High

Debt instruments Not more than 30% Low to Medium

Securitized Debt Not more than 10% of the investment in debt instruments Medium to High

Money market instruments Balance Low

Other Information
Minimum Application
Rs. 5000/- & in multiples of Re. 1

Entry Load
NA

Exit Load
1) For exit within 1 year from the date of allotment - 1 %.
2) For exit after 1 year from the date of allotment - Nil

SIP
Monthly - Minimum 1000 & in multiples of 1 thereafter for maximum six months (or) minimum 500 & in multiples of 1 thereafter for minimum one year.

Quarterly – Minimum 1500 & in multiples of 1 thereafter for minimum one year

Address:-
State Bank India, Mutual Fund
9th Floor, Crescenzo, C-38 & 39, G Block,
Bandra-Kurla Complex,
Bandra (East), Mumbai – 400051.

Phone:-
+91 22 61793000