SBI Magnum Income Minimum Initial Investment vs. Cash Position Weight Fundamental Analysis
SBI Magnum Income Dir Div is rated below average in cash position weight among similar funds. It is rated below average in minimum initial investment among similar funds making about 984.25 of Minimum Initial Investment per Cash Position Weight. Percentage of fund asset invested in cash equivalents or risk free instruments. About 40% of all global funds carry cash on their balance sheet.
|Cash Position Weight ( % )|
Funds or Etfs that have over 40% of their value invested in low risk instruments or cash equivalents typically attract conservative investors.Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it from random trades that may negatively affect fund strategy.
SBI Magnum Income Minimum Initial Investment Comparison
SBI Magnum is currently under evaluation in minimum initial investment among similar funds.