SBI Mutual Fund announces 9% Dividend

30 Jun 2015

SBI Mutual Fund has announced 9 per cent dividend under dividend payout option of scheme named as “SBI Magnum Balanced Fund” on the face value of Rs 10 per unit.

The record date for the dividend is June 26. The latest NAV of the scheme is Rs 27.93.

The investment objective of the open ended equity scheme is to provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity.

The performance of the scheme was benchmarked against Crisil Balanced Fund Index. R Srinivasan is the fund manager of the scheme.

Source: Dion Global Type: Mutual Fund Review

Stocks	Mutual Funds		Investment tracking
A-Z Gainers - Daily \| Weekly \| Monthly Losers - Daily \| Weekly \| Monthly Group-wise listing IPO \| Top IPOs Recent IPOs \| IPO News Similar Price band Most traded - By volumes Top 100 - By market capitalisation Latest Company Results Management Speaks Market News	Top 25 schemes High-risk, High-returns Medium-risk, Medium-returns Low-risk, Low-returns Gilt Funds Funds of Funds Special Funds Liquid Funds Dynamic Asset Allocation NFOs MF Selector	Equity - ELSS Equity - Index Funds Equity - Sector Funds Equity - Balance Fund Equity - Diversified Fund MF News Budget 2024	My Portfolio My Watch List If You Had Invested... Global Indicators Forex Converter Market Indices Sectoral Indices World Indices Market Astrology Advertise with us

SBI Mutual Fund announces 9% Dividend

Stocks

Mutual Funds

Investment tracking