Wednesday, April 15, 2015

SBI Magnum Multiplier Plus Scheme 1993 turns SBI Magnum Multiplier Fund

SBI Mutual Fund has changed the name of SBI Magnum Multiplier Plus Scheme 1993 to SBI Magnum Multiplier Fund.

 

The fund house has changed the minimum subscription amount of the following funds:

Scheme Name

Existing amount (R)

Revised amount (R)

SBI Magnum Multicap

5000

1000

SBI Corporate Bond

10000

5000

 

The fund house has also decided to include 1st of every month to perform SIP. Now, the investor can invest through SIP on 1st/5th/10th/15th/20th/25th/30th of every month.

The effective date for the above changes is April 15, 2015.

 
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