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SBI Tax Magnum
by DSK Rao on Aug 25, 2005 12:38 PM

I again caution honest people from investing into these Mutual Funds as many of them do not give you a positive yeild , but may endup giving you a loss. I had invested Rs.10,000/ in SBI Tax Magnum in 2001 and got Rs.4118/ in 2004(60% erosion). After that experience , I have adviced several people to exercise utmost caution in investing in these kind of schemes

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