SBI Magnum Index Fund
The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the S&P CNX Nifty index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of S&P CNX Nifty index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks.
Open-ended Index Fund
Inception Date :
February 04, 2002
Plans and Options under the Plan :
Growth & Dividend Option
Face Value (Rs/Unit):
Minimum Investment :
Entry Load :
For investments below Rs. 50 Lakhs, Entry load is 1.25%. For Investments of Rs. 50 Lakhs and above, Entry Load is Nil.
Exit Load :
Daily NAV & Price:
|Scheme||NAV||Repurchase Price||Sale Price||Date|
|SBI NIFTY INDEX FUND- REGULAR PLAN - DIVIDEND||36.43||36.43||36.43||23-Jan-2017|
|SBI NIFTY INDEX FUND - REGULAR PLAN - GROWTH||71.1188||71.1188||71.1188||23-Jan-2017|