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Saturday, September 03, 2016

SBI MF Announces change in exit load structure under two schemes

With effect from 06 September 2016 

SBI Mutual Fund has announced change in exit load structure under the following schemes, with effect from 06 September 2016. 

Accordingly, the revised exit load will be: 

SBI Corporate Bond Fund: 

For exit within 12 months from the date of allotment:
– For 8% of the investment – Nil
– For the remaining investment – 3% 

For exit after 12 months but within 24 months from the date of allotment:
– For 8% of the investment – Nil
– For the remaining investment – 1.5% 

For exit after 24 months but within 36 months from the date of allotment:
– For 8% of the investment – Nil
– For the remaining investment – 0.75% 

SBI Magnum Insta Cash Fund: Nil
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