SBI Mutual Fund has announced the redemption date for Magnum Monthly Income Scheme 98-II as February 2, 2004. There will be a book-closure from January 22, 2004 to February 1, 2004. The redemption requests after January 21, 2004 will be effected at the NAV of February 2, 2004.
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The cost of growing
Growth is only good when it pays its own way
Other Episodes
Cap the Investor, Not the Industry
A per-person limit on the fund route would steady the rupee better than freezing the whole industry
Your fund lost money. That doesn't make it a bad fund.
September and October have left most portfolios in the red. That number says more about when you invested than about the fund you chose.
The right question
After 24 years, readers' worries have changed, but the real challenge is still knowing which questions to ask
Buying gold on Dhanteras is not investing
Honour the ritual, but count Dhanteras jewellery as spending. Gold you hold as insurance needs a form you can sell cheaply, and a necklace is not that form.
Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.
Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month
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