Changes in SBI Magnum TaxGain Schemes
SBI Mutual fund has announced changes under Magnum TaxGain Scheme. Accordingly, the provision of compulsory re-investment of dividend amount of less than Rs 250 under a folio has been withdrawn with immediate effect. Henceforth, unitholders” data-scaytid=”4″>unitholders who have opted for payout of dividend under the said scheme shall be paid the dividend, irrespective of the amount.
All other terms and conditions of the scheme remain unchanged.
|
Was this article useful? Subscribe to our newsletter to get daily updates in your email for free. |
|
|
Incoming search terms:
Related posts:
Why investing in balanced mutual funds makes more sense
How to save tax with ELSS mutual funds?
Latest Indian Mutual Fund News | 15-Sep-2011
What are the different types of mutual funds?
IDFC Small & MidCap Equity Fund is now IDFC Sterling Equity Fund
How your fund income & dividend are taxed
Motilal Oswal MOST 10-year gilt fund NFO
Latest Indian Mutual Fund News | 10-Dec-2011




