NAV on (No Data Available)
₹0.00
No Data Available
Fund Size
₹2.05 Crores
1Y Returns
No Data Available%
To provide attractive returns to the Magnum holders / Unit holders either through periodic dividends or through capital appreciation through an actively managed portfolio of debt, equity and money market instruments.
Launch Date
November 12, 2003
Fund Manager
Mr. Rajeev Radhakrishnan
Initial Price
10
AUM Fund
2.05 Cr
Min investment
Rs 25000
Expense Ratio
1.25%
Rs. 500/month - 12 months.Rs. 1000/month - 6 months.Rs. 1500/quarter - 4 quarters.
1% if exit within one year from the date of allotment and nil for exit after one year from the date of allotment.
| Equity / Mid Cap funds | 1Y | 3Y | Fund Size (Cr) |
|---|---|---|---|
| 13.28% | 0.00% | ₹1770.21 | |
| 10.44% | 135.01% | ₹236.61 | |
| 9.63% | 15.58% | ₹302.51 | |
| 9.60% | 0.00% | ₹5149.77 | |
| 9.11% | 26.73% | ₹753.27 |
Q: What is the current NAV of SBI Magnum Income Plus Fund - Savings Plan - IDCW?
A: The latest NAV of SBI Magnum Income Plus Fund - Savings Plan - IDCW is ₹ .
Q: What type of mutual fund is SBI Magnum Income Plus Fund - Savings Plan - IDCW?
A: SBI Magnum Income Plus Fund - Savings Plan - IDCW is a 'Debt - Income' type mutual fund managed by 'SBI Funds Management Ltd.'.
Q: What is the expense ratio of SBI Magnum Income Plus Fund - Savings Plan - IDCW?
A: The expense ratio of SBI Magnum Income Plus Fund - Savings Plan - IDCW is 1.25%, which impacts overall returns.
Q: Who manages SBI Magnum Income Plus Fund - Savings Plan - IDCW?
A: SBI Magnum Income Plus Fund - Savings Plan - IDCW is managed by Mr. Rajeev Radhakrishnan, who oversees investment strategy and portfolio decisions.
Q: Is SBI Magnum Income Plus Fund - Savings Plan - IDCW a good investment?
A: SBI Magnum Income Plus Fund - Savings Plan - IDCW may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.
Q: What is the exit load of SBI Magnum Income Plus Fund - Savings Plan - IDCW?
A: The exit load of SBI Magnum Income Plus Fund - Savings Plan - IDCW is 1% if exit within one year from the date of allotment and nil for exit after one year from the date of allotment., applicable if redeemed within the specified period.
Q: How is SBI Magnum Income Plus Fund - Savings Plan - IDCW taxed?
A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.
