SBI Mutual Fund is Mutual Fund of the year, sweeps CNBC TV18 Crisil Awards

SBI Mutual Fund, has swept the CNBC TV-18 Crisil Awards ceremony held on Feb 14, 2007 by bagging awards for top performing in 5 funds category and the most important award of the evening - Mutual Fund of the year award.

The Awards for Best Equity Diversified Fund - Magnum Global Fund and MSFU Contra Fund, Best ELSS Scheme - Magnum Taxgain Scheme 1993, Best Balanced Fund - Magnum Balanced Fund and Best Sectoral Fund - IT for MSFU IT Fund.

The CNBC TV18 - CRISIL Mutual Fund of the Year Awards reward performance and consistency in wealth creation of enterprising fund houses. These Awards, based on CRISIL's objective and analytically rigorous CRISIL~CPR methodology, are undisputedly, the most coveted and respected Mutual Fund Awards in Asia.

These awards are the Investors most definite guide to the best managed fund house in the country.

Source : Equity Bulls

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