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Thursday, October 15, 2015

SBI MF Announces Change in Exit Load Structure under its schemes

With effect from 16 October 2015 

SBI Mutual Fund has announced change in exit load under the following schemes, with effect from 16 October 2015. 

Accordingly the revised exit load will be: 

SBI Magnum Gilt Fund – Long Term Plan & SBI Magnum Gilt Fund – Short Term Plan: Nil.
SBI Magnum Balanced Fund: 

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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