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Dividend Option Introduced in Magnum Index


SBI Mutual Fund has introduced dividend option in Magnum Index Fund with effect from March 15, 2004. The dividend option will be carved out of the assets of the scheme in respect of such investors who indicate their desire to receive dividends at periodic intervals. The record date for the same would be March 12, 2004. All other features for dividend option will remain same as that of growth option.