SBI Magnum Monthly Income SIP (Mutual Funds) Calculator

SBI Magnum Monthly Income SIP (Mutual Funds) Calculator - Fixed income investments are less volatile but may generate returns which can be below inflation. Equity investments are more volatile but have the capability to generate inflation beating returns. Therefore both asset classes have the place in investors’ portfolio. Infact an appropriate combination of these assets classes as per the risk appetite of the investor can help investor in achieving his financial goals. For example a combination of 15% equity & 85% fixed income may generate a regular income for the investor

Debt oriented hybrid funds invests a major portion of the corpus in fixed income securities to generate stable income & to provide stability to the portfolio and a small portion in equity securities to generate equity market related returns.

SBI Magnum Monthly Income plan invests in a mix of debt, equity & money market securities. Investment in debt instruments is based on evaluation of macro-economic factors, market dynamics and issuer specific factors. Investments in equity securities is capped at 15%.

Category:	HYBRID
AAUM:	Rs 1009.59 Cr as on 30 Apr 2017
Investment Options:	Dividend , Growth
Entry Load:	N.A.
Inception:	April 09, 2001
Benchmark:	Crisil MIP Blended Fund Index

Investment Objective

To provide regular income, liquidity and attractive returns to the investors through an actively managed portfolio of debt, equity and money market instruments.

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