SBI MF declares dividend under “SBI Magnum Balanced Fund - Direct
Plan”
16/07/2014 11:07
SBI Mutual Fund has announced 7.7500 per cent dividend under dividend payout option of scheme named as “SBI Magnum Balanced Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 18. The latest NAV of the scheme is Rs 34.86. The investment objective of the equity-balanced fund scheme is 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 performance of the scheme is benchmarked against Crisil Balanced Fund Index. R Srinivasan is the fund manager of the scheme.
16/07/2014 11:07
SBI Mutual Fund has announced 7.7500 per cent dividend under dividend payout option of scheme named as “SBI Magnum Balanced Fund - Direct Plan” on the face value of Rs 10 per unit. The record date for the dividend is July 18. The latest NAV of the scheme is Rs 34.86. The investment objective of the equity-balanced fund scheme is 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 performance of the scheme is benchmarked against Crisil Balanced Fund Index. R Srinivasan is the fund manager of the scheme.
