Scheme Profile - SBI Magnum Insta Cash Fund - Liquid Floater Plan (G)
Fund Type
Open-Ended
Scheme Objective
To mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and money market instruments.
SBI Mutual Fund has change the face value per unit of all the plans/ options under SBI Magnum Instacash Fund-Liquid Floater Plan from Rs 10 per unit to Rs 1000 per unit with effect from 13 January 2012.