SBI MAGNUM TAX GAIN – DIVIDEND HISTORY. Listed is the dividend history of SBI Magnum TaxGain ELSS Fund. One of the best performing tax saving schemes in India. EditGrid Spreadsheet by user/onlinemf. Record Date Dividend (Rs/unit) 22-Mar-12 3.5 18-Mar-11 4 05-Mar-10 4 29-May-09 2.8 15-Feb-08 … Continue reading »
Posted in February 2008 …
SBI MAGNUM TAXGAIN EQUITY LINKED SAVINGS SCHEME (ELSS)
SBI Magnum Taxgain Scheme 1993 – PART 2. (DIVIDEND) SBI Mutual Fund Trustee Company Private Limited, Trustees to SBI Mutual Fund have approved dividend in Magnum Taxgain Scheme 1993, an open-ended equity linked savings scheme. The quantum of dividend per unit is Rs 11 on the face value per unit of Rs 10 and the … Continue reading »
SBI MAGNUM TAXGAIN ELSS EQUITY LINKED SAVINGS SCHEME(ELSS)
SBI Magnum TaxGain 1993 What is SBI Magnum TaxGain Scheme about? Magnum TaxGain Scheme is an Equity Linked Savings Scheme (ELSS) from SBI Mutual Fund which offers investors tax benefits on an investment upto Rs 1 Lakh under Section 80C of Indian Income Tax Act 1961. The fund was launched in the year 1993 and … Continue reading »
Mutual-Funds-Glossary(Part 2)
Amortization The systematic repayment (e.g., monthly, quarterly, or yearly) of a debt or loan, such as a bond or mortgage, over a specific time period. Annual Report The corporate financial statement that shareholders eagerly receive each year. It includes financials of the company’s performance over the previous year. Annual Return The percentage of change in … Continue reading »
Mutual Funds Glossary.
1. Abnormal Return: The return earned on a financial asset in excess of that required to compensate for the risk of the asset. 2. Account Executive (alternatively, Registered Representative): A representative of a brokerage firm whose primary responsibility is servicing the accounts of individual investors. 3. Accounting Beta: A relative measure of the sensitivity of … Continue reading »
