SBI Magnum Monthly Income Plan

 

  • SBI Magnum Monthly Income Plan (SBI MMIP) invests in government securities, corporate debt and money market instruments as well as a small portion in equity. The equity portion is invested across market stocks.

Key Benefit

  • SBI Magnum Monthly Income Plan (SBI MMIP) fits in nicely between a bond fund and a balanced fund. SBI MMIP has the advantage of choosing among sovereign, corporate and money market instruments while the flexibility to invest upto 15% of the portfolio in equity.

This product is suitable for investors who are seeking*:
  • Long term capital appreciation and current income
  • Investment in equity and equity related instruments as well as fixed income securities (debt and money market securities).
  • Medium risk.    (YELLOW)
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

(BLUE) investors understand that their principal will be at low risk. (YELLOW) investors understand that their principal will be at medium risk. (BROWN) investors understand that their principal will be at high risk.

I want to invest. Call me.

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Objectives

The objective of the scheme will be to provide regular income, liquidity and attractive returns to the investors through an actively managed portfolio of debt, equity and money market instruments.

Asset Allocation


Instrument Normal Allocation (% of Net Assets) Risk Profile
Equity and equity related instruments Not more than 15% Medium to High
Debt instruments (including securitized debt) and Govt. Securities and Money market instruments Not less than 85% Low to Medium
Securitized debt  Not more than 10% of the investments in debt instruments  Medium to High 

Date of Inception 09/04/2001
Minimum Application Rs. 5000/-
Entry Load N.A.
Exit Load For exit within 1 year from the date
of allotment For 10% of
investment : Nil
For remaining investment: 1.00%
For exit after one year from the date
of allotment – Nil
(w.e.f. February 13, 2014)
SIP

Monthly - Minimum 1000 & in multiples of 1 thereafter for maximum six months (or) minimum 500 & in multiples of 1 thereafter for minimum one year.

Quarterly – Minimum 1500 & in multiples of 1 thereafter for minimum one year.

SWP

Rs. 500 per month or quarter

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Nav's

PlanNavDate
SBI Magnum Monthly Income Plan - Direct Plan - Annual Dividend13.315717-Apr-2014
SBI Magnum Monthly Income Plan - Regular Plan - Annual Dividend12.145617-Apr-2014
SBI Magnum Monthly Income Plan - Regular Plan - Quarterly Dividend11.022017-Apr-2014
SBI Magnum Monthly Income Plan - Regular Plan - Monthly Dividend11.272517-Apr-2014
SBI Magnum Monthly Income Plan - Regular Plan - Growth25.296117-Apr-2014
SBI Magnum Monthly Income Plan - Direct Plan - Growth25.517717-Apr-2014
SBI Magnum Monthly Income Plan - Direct Plan - Monthly Dividend11.941517-Apr-2014
SBI Magnum Monthly Income Plan - Direct Plan - Quarterly Dividend11.531117-Apr-2014

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