» Mutual Funds
» Mutual Funds Companies
» Magnum Gilt Fund (Long Term)
SBI: Magnum Gilt Fund (Long Term)
To provide the investors with returns generated through investments in government securities issued by the Central Government and / or a State Government
1. Open ended Gilt Scheme.
2. The scheme will invest in government securities only with the exception of investments made in the call money markets. Investment in Government Securities signifies no risk of default (zero credit risk) either in payment of principal or even interest on the investments made by the scheme. Long-Term Plan - for investors with a long-term investment horizon. This Plan will have two options (a) Quarterly Dividend option and (b) Growth option The Long Term Plan Dividend Plan and the Growth Plan will each have three options for investment 1. Regular Dividend / Growth Option : This option will be the existing option in this Plan wherein investments in this option would be subject to a Contingent Deferred Sales Charge (CDSC) of 0.25% for exit within 90 days from the date of investment. 2. PF (Regular) Option : This option under both the Dividend and Growth Plans would be a no-load option. 3. PF (Fixed Period) Option : This option under both the Dividend and Growth Plan provides prospective investors with an option to lock-in their investments for a period of 1 year, 2 years or 3 years from the date of their investment Facility to reinvest dividend is available under both the Plans. Both the Plans will have separate investment portfolios and separate NAVs. Under the Long-Term Plan, the funds will normally be managed to an average portfolio-maturity longer than three years.
SBI, Benefit Plans, HDFC, HDFC Flexindex Plan Systematic Transfer Plan (STP), Systematic Investment Plan, Funds Of Funds, Exchange Traded Funds, Mutual Funds, Types of Mutual Fund, Open ended Mutual Fund, mutual fund, mutual fund companies, Close ended Mutual Fund, Advantages of Close ended Mutual Fund, tata mutual fund, icici prudential mutual fund, investment, insurance