SBI Magnum Tax Gain Scheme 1993
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.
Open-ended Equity Scheme
Inception Date :
March 31, 1993
Plans and Options under the Plan :
Growth & Dividend Option
Face Value (Rs/Unit):
Minimum Investment :
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 :
Daily NAV & Price:
|Scheme||NAV||Repurchase Price||Sale Price||Date|
|SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN - DIVIDEND||39.7324||39.7324||39.7324||30-May-2016|
|SBI MAGNUM TAXGAIN SCHEME 1993 - REGULAR PLAN- GROWTH||110.5107||110.5107||110.5107||30-May-2016|