Fund News

Magnum Gilt Short-term Plan Declares Monthly Dividend

SBI Mutual Fund has declared a monthly dividend of 1 per cent (Rs 0.10 per unit) in its Magnum Gilt

SBI Mutual Fund has declared a monthly dividend of 1 per cent (Rs 0.10 per unit) in its Magnum Gilt Short-term Plan. The record date for the same was January 31, 2002. The fund's six-month return of 4.9 per cent marginally exceeds the category average return of 4.84 per cent, as on January 31, 2002.

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