SBI Magnum IT Fund
Objective :
To provide the investors maximum growth opportunity through equity investment in stocks of IT sector.
Structure :
Open-ended Equity Scheme
Inception Date :
July 14, 1999
Face Value (Rs/Unit):
Rs. 10
Minimum Investment :
Rs. 2000
Entry Load :
For investments below Rs. 5 crores, Entry load is 2.25%. For Investments of Rs. 5 crores and above, Entry Load is Nil.
Exit Load :
If redeemed before 6 Months; and Amount less than 5 crores, Exit load is 1%. For Amount greater than 5 crores, Exit load is Nil.
Daily NAV & Price:
| Scheme | NAV | Repurchase Price | Sale Price | Date |
|---|---|---|---|---|
| SBI IT FUND - REGULAR PLAN - DIVIDEND | 34.6061 | 34.4331 | 34.6061 | 14-Dec-2017 |
- Chittaranjan Panda:The scheme does not perform well since inception. Better option is to close and invest the amount on some of the best performing assets.25-Feb-2012 09:52 AMReply
