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Saturday, May 16, 2015

SBI MF Announces Change in exit load structure under its schemes

With effect from 18 May 2015 

SBI Mutual Fund has announced change in exit load under the following schemes, with effect from 18 May 2015. 

Accordingly the revised exit load will be: 

SBI Magnum Balanced Fund, SBI Magnum Multiplier Fund, SBI Magnum Global Fund, SBI Banking & Financial Services Fund & SBI Dynamic Asset Allocation Fund: 

For exit within 12 months from the date of allotment: 1.00% 

For exit after 12 months from the date of allotment: Nil. 

SBI Magnum Monthly Income Plan – Floater: 

For exit within 12 months from the date of allotment:

- For 10% of investments: Nil. 

- For remaining investment: 1.00% 

For exit after 12 months from the date of allotment: Nil.
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