markets as on: 23-01-2017 16:00 hours

SENSEX 27,117.34 82.84 USD 68.20 0.02
NIFTY 8,391.50 42.15 EUR 73.04 0.42
BSE-100 8,662.84 49.87 GBP 84.84 1.02

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SBI Magnum Index Fund

Objective :

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.

Structure :

Open-ended Index Fund

Inception Date :

February 04, 2002

Plans and Options under the Plan :

Growth & Dividend Option

Face Value (Rs/Unit):

Rs. 10

Minimum Investment :

Rs. 5000

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 :

Nil.

Daily NAV & Price:

Scheme NAV Repurchase Price Sale Price Date
SBI NIFTY INDEX FUND- REGULAR PLAN - DIVIDEND 36.43 23-Jan-2017
SBI NIFTY INDEX FUND - REGULAR PLAN - GROWTH 71.1188 23-Jan-2017