SBI Magnum Income SIP (Mutual Funds) Calculator

SBI Magnum Income SIP (Mutual Funds) Calculator - What are the options available to you to invest in fixed income securities? Fixed deposit of banks, Infrastructure bonds, post office deposit, government securities, corporate bonds etc. are some of the options. Investment in options like fixed deposit of banks, post office deposit is simple and easily understood as these investments are generally held till maturity & are not traded on any stock exchange or other platforms. These investments are considered as safe investment however they suffer from lack of liquidity and also returns are linear. Investors are not able to benefit from potential capital gains arising in the falling interest rate scenario.

Investment directly in government securities, corporate bonds etc. are not simple & easily understood. But these investments are traded on various platforms and prices of these securities are available on day to day basis. Therefore these securities provide liquidity and opportunity for potential capital gains in the falling interest rate scenario. Investments in these securities require professional management.

SBI Magnum Income Fund invests in corporate debentures, bonds, securitized debt, government securities, money market instrument etc. Investments are done based on a continuous evaluation of macro-economic factors, market dynamics and debt-issuer specific factors.

Category:	DEBT
AAUM:	Rs 1762.78 Cr as on 30 Apr 2017
Investment Options:	Dividend , Growth
Entry Load:	N.A.
Inception:	November 25, 1998
Benchmark:	Crisil Composite Bond Fund Index
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Investment Objective

To provide the investors an opportunity to earn, in accordance with their requirements, through capital gains or through regular dividends, returns that would be higher than the returns offered by comparable investment avenues through investment in debt & money market securities.

Investment Information
SIP	Weekly SIP - Minimum Rs. 1000 & in multiples of Rs. 1 thereafter for minimum 6 weeks
	Monthly - Minimum Rs. 1000 & in multiples of Rs. 1 thereafter for minimum 6 months or Minimum Rs. 500 & in multiples of Rs. 1 thereafter for minimum 12 months
	Quarterly - Minimum 1500 & in multiples of 1 thereafter for minimum 1 year
Lumpsum	Rs 5000
SWP	Minimum Rs. 500 per month/ per quarter