Comments on: SBI Magnum Taxgain Scheme 1993 dividend for 2009 has been announced by SBI MF

By: pankaj

pankaj — Tue, 13 Dec 2011 06:24:51 +0000

sir !
i took 100 units of sbi mf magnum tax gain (growth) about 3 years ago. what will be the present worth and how will i cell/gain the current value ? actually i dont know the exact process. please suggest me.

thanks n regards

pankaj

By: onlinemutualfund

onlinemutualfund — Mon, 19 Sep 2011 13:20:54 +0000

@Kranthikumar.

You can withdraw your entire corpus only after Dec 2011, since your last SIP was in Dec 2008.
Traditionally, investors in such schemes like SBI Magnum TaxGain are better off opting for Dividend option as volatile stock markets erode gains made by opting for Growth.
You should wait until Dec 2011 then analyse the scheme performance along with your profile and needs to HOLD or EXIT the scheme.

OMF.

By: kranthikumar

kranthikumar — Sun, 18 Sep 2011 14:44:21 +0000

shall we can continue in sbi magnum tax gain scheme -growth 93.we have invested 11,000 through sip upto dec 2008.Is the fund performance good?

By: onlinemutualfund

onlinemutualfund — Sun, 24 Oct 2010 17:15:48 +0000

@R.S.SHARMA,

Kindly provide details about which date did you buy your Magnum TaxGain. Also provide your Plan Option.

OMF.

By: R.S.SHARMA

R.S.SHARMA — Fri, 22 Oct 2010 10:04:16 +0000

I have sbi magnum taxgain 1993, I can’t received the dividend of it, can u tell me how can I got the dividend. kindly send me the ph. no. of related person or department where the mf dividend records are maintained.kindly also tell me the procedure of surrender that mutual fund. Thanking you,
Yours truly
R.S.SHARMA

By: onlinemutualfund

onlinemutualfund — Wed, 22 Sep 2010 16:41:29 +0000

@sujay sarkar,

The quickest and safest way to know about your mutual fund units is to call on SBI MUTUAL FUND phone number 1800-425 5425 and tell your folio# to request for account statement.

OMF

By: sujay sarkar

sujay sarkar — Wed, 21 Jul 2010 14:10:33 +0000

I PURCHASED L 018 MAGNUM TAX GAIN SCHEME FOR ONLY RS 5000/-ON 14.03.2008 , FOLIO NO-10xxxxxx. BUT I HAVE NOT BEEN INFORMED THE LATEST POSITION OF THE SAME.

PL INFORM ME IMMEDIATELY.

SUJAY SARKAR