Div declared for SBI MF’s Magnum Insta Cash Fund - Liquid Floater
Plan
07/10/2014 10:29
SBI Mutual Fund has announced 0.1252 per cent dividend under dividend payout option of scheme named as “SBI Magnum Insta Cash Fund - Liquid Floater Plan” on the face value of Rs 1000 per unit. The record date for the dividend was October 3. The latest NAV of the scheme is Rs 1,032.70. The investment objective of the liquid fund scheme is to mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. R. Arun is the fund manager of the scheme.
07/10/2014 10:29
SBI Mutual Fund has announced 0.1252 per cent dividend under dividend payout option of scheme named as “SBI Magnum Insta Cash Fund - Liquid Floater Plan” on the face value of Rs 1000 per unit. The record date for the dividend was October 3. The latest NAV of the scheme is Rs 1,032.70. The investment objective of the liquid fund scheme is to mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments. The performance of the scheme is benchmarked against Crisil Liquid Fund Index. R. Arun is the fund manager of the scheme.
