» Mutual Funds
» Mutual Funds Companies
» Magnum Monthly Income Plan Floater
SBI:Magnum Monthly Income Plan Floater
To provide regular income, liquidity and attractive returns toinvestors in addition to mitigating the impact of interest rate risk through an actively managed portfolio of floating rate and fixed rate debt instruments, equity, money market instruments and derivatives.
1.Magnums/Units will be available at par during the New Fund Offer (NFO) period and at NAV related prices on an ongoing basis after the scheme goes open-ended.
2. MMIP - Floater Plan would have two Options for investment - Dividend Option and Growth Option.
3.The Dividend Option would have sub-options of Monthly Dividend, Quarterly Dividend and Annual Dividend, which would endeavour to declare dividends on a monthly, quarterly and annual basis respectively. Returns in the Growth Option would be through capital appreciation only.
SBI, Monthly Income Plan Floater, Insta Cash Fund, Benefit Plans, Magnum Income Fund, Magnum Gilt Fund, 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