Thursday, February 7, 2008

SBI Mutual Fund Scores High in Global Ranking

In the recently announced Lipper Ranking study, two of SBI Mutual Fund's schemes SBI Magnum Tax Gain and SBI Magnum COMMA Funds are rated amongst the best performing schemes across the world.

 

SBI Magnum COMMA Fund-Growth -

SBI Magnum COMMA Fund-Growth has secured a rank of  69   (one-year total return of  86.01 % in INR as on 31st Dec 07) among the 100 top performing equity funds in the world during the year 2007, as per Lipper data.

 

SBI Magnum Tax Gain Scheme-Dividend-

SBI Magnum Tax Gain Scheme-Dividend has secured a rank of 1st in India and 3rd in the World over a 5 year period (5-year  annual compounded return of  73.97 % in INR as on 31st Dec 07) among the 100 top performing equity funds in the world during the year 2007, as per Lipper data.

 

Data source: Lipper, a Reuters Company (www.lipperweb.com)

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