SBI Mutual Fund has launched a 60-day fund under the Magnum Debt Fund series. The fund's IPO would open on February 9 and close on February 10, 2005. The minimum investment in the fund would be Rs 10,000 and in multiples of Rs 1,000 thereafter. An exit load of 0.5 per cent would be charged for exit on any day except the specified redemption date.
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