SBI asset management company has set 22/10/2009 as record date for dividend in one of its best schemes - Magnum Multiplier Plus. The Quantum of dividend is 70% , i.e. Rs. 7.00 per unit of the scheme.

The NAV of the scheme is Rs. 58.250 per unit (as on 16 oct 2009). The latest NAV can be found here

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2 Responses to “SBI Magnum Multiplier Plus Announces Dividend”

1. soumen says:

   February 2, 2010 at 6:29 PM

   I would like to know about the best shrt term funds
2. admin says:

   February 2, 2010 at 6:46 PM

   Hi Soumen,
   Don’t invest in mutual funds if your view is for short term. MFs are good only for investment period of greater than 3 years.
   For short term, go for Fixed Deposits listed on http://www.moneyvriksh.com/fixeddeposits