SBI Magnum Tax Gain Scheme 1993

Objective :

The prime objective of scheme is to deliver the benefit of investment in a portfolio of equity shares, while offering tax rebate on such investments made in the scheme under section 80 C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus.

Structure :

Open-ended Equity Scheme

Inception Date :

March 31, 1993

Plans and Options under the Plan :

Growth & Dividend Option

Face Value (Rs/Unit):

Rs. 10

Minimum Investment :

Rs. 500

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 :

Nil.

Daily NAV & Price: