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SBI MF Launches 15-Months Fund Under Debt Fund Series

SBI Mutual Fund has announced the launch of a 15-Months fund under the Magnum Debt Fund series. The new fund offer would begin on January 15, 2007, and end on January 22, 2007. The minimum investment in the fund would be Rs 50,000 and subsequent investments should be in the multiples of Rs 1,000.