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| Record date:15th March 2010 | | *Dividend declaration is subject to availability of distributable surplus. Pursuant to payment of dividend, the NAV will fall to the extent of payout and statutory levy, if applicable. Dividend Rs. 3.00 per unit on the face value of Rs. 10. NAV as on March 09, 2010 is Rs. 19.04 for dividend option | |
SBI Mutual Fund's Magnum COMMA Fund is India's first equity fund which invests in stocks of companies that are engaged in commodity business within the following sectors – Oil & Gas, Metals, Materials and Agriculture. With the cycle of commodities on an upswing, this fund offers growth opportunities that endeavour to lend a hedge against an inflation of rising commodity prices over a period of time. India is emerging as one of the biggest consumers of commodities, with a constant increase in the demand for food items, oil, cement, ores, etc.
Investment Objective:
The objective of the scheme would be to generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil & Gas, Metals, Materials & Agriculture and in debt & money market instruments | | | | Scheme Performance: | | | | 1Y | 3Y | 5Y | Since Inception | | Magnum Comma Fund | 100.78% | 14.71% | N.A. | 20.17% | | Benchmark – BSE 200 | 97.43% | 8.50% | N.A. | 18.00% | | | | | Returns are CAGR (Compound Annual Growth Rate) returns calculated for growth option. It is assumed that dividends declared under the scheme have been reinvested at the then prevailing NAV. Inception date 24/08/2005. Returns are as on February 26, 2010. NAV as on February 26, 2010 is Rs. 23.07 for growth option. Past performance may or may not be sustained in future. | | | | | | |  | | | |
| Value Research ratings are published in monthly Mutual fund performance report - Mutual Fund Insight, which is subject to change every month. The top 10% funds in each category were classified as '*****' funds, the next 22.5% got a '****', while the middle 35% got a '***', while the next 22.5% got '**' and the bottom 10% got '*' rating. A detailed methodology of the above rating is available at www.valueresearchonline.com. Past performance is no guarantee of future results. Risk Factors: Mutual Funds and Securities Investments are subject to market risks and there is no assurance or guarantee that the scheme's objectives will be achieved. As with any other investment in securities, the NAV of the Magnums/Units issued under the scheme(s) may go up or down depending upon the various factors and forces affecting the securities market. Past performance of the Sponsor/AMC/Mutual Fund/Scheme(s) and their affiliates do not indicate the future performance of the Scheme(s) of the Mutual Fund. Investment Objective: Magnum COMMA Fund (An open-ended growth scheme): To generate opportunities for growth along with possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil & Gas, Metals, Materials & Agriculture and in debt & money market instruments. Magnum COMMA Fund is only the name of the scheme and does not in any manner indicate the quality of the scheme, its future prospects and returns. Statutory details: SBI Mutual Fund has been set up as a trust under the Indian Trusts Act, 1882. State Bank of India ('SBI'), the sponsor is not responsible or liable for any loss resulting from the operation of the schemes beyond the initial contribution made by it of an amount of Rs. 5 lakhs towards setting up of the mutual fund. Asset Management Company: SBI Funds Management Private Limited (A joint venture between SBI and Société Générale Asset Management) -191, Maker Tower 'E', 19th Floor, Cuffe Parade, Mumbai 400 005. Trustee Company: SBI Mutual Fund Trustee Company Pvt. Ltd. Please read the Scheme Information Document carefully before investing. |
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