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

Get the daily NAV, prices & performance of SBI Magnum IT Fund

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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 30.8812 23-Jan-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 AM