SBI Magnum Balanced SIP (Mutual Funds) Calculator

SBI Magnum Balanced SIP (Mutual Funds) Calculator - Asset allocation is vital for shielding an investor’s portfolio from wide market swings of euphoria & panic. Balanced funds, as the name suggests, are hybrid funds which invest in equity & debt instruments. They provide diversification to an investor’s portfolio by blending the growth capability of equity with the relative stability of debt.

SBI Magnum Balanced Fund aims to provide investors long term capital appreciation, along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt.

The fund provides a suitable investment opportunity for those who wish to benefit from the growth potential of equity without being completely exposed to equity markets.

Category:	HYBRID
AAUM:	Rs 10409 Cr as on 30 Apr 2017
Investment Options:	Dividend , Growth
Entry Load:	N.A.
Inception:	December 31, 1995
Benchmark:	CRISIL Balanced Fund – Aggressive Index

Investment Objective

To provide investors long term capital appreciation along with the liquidity of an open-ended scheme by investing in a mix of debt and equity. The scheme will invest in a diversified portfolio of equities of high growth companies and balance the risk through investing the rest in a relatively safe portfolio of debt.

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