Jun 01, 2012, 10.45 AM IST

SBI MF revise exit load under various schemes

SBI Mutual Fund has announced revision of exit load structure under SBI Short Horizon Debt fund - Short Term Fund, SBI Magnum Income Fund - Floating Rate Plan - Long Term Plan and SBI Magnum Income Fund, effective from June 1, 2012.

Source: Moneycontrol.com
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SBI MF revise exit load under various schemes
SBI Mutual Fund has announced revision of exit load structure under SBI Short Horizon Debt fund - Short Term Fund, SBI Magnum Income Fund - Floating Rate Plan - Long Term Plan and SBI Magnum Income Fund, effective from June 1, 2012.


SBI Short Horizon Debt Fund - Short Term Fund: An exit load of 0.25% will be applicable if redeemed or switched out within 3 months from the date of the allotment and NIL thereafter.


SBI Magnum Income Fund - Floating Rate Plan - Long Term Plan: An exit load of 0.50% will be applicable if redeemed or switched out within 3 months from the date of the allotment and NIL thereafter.


SBI Magnum Income Fund: An exit load of 1% will be applicable if redeemed or switched out within 3 months from the date of the allotment and NIL thereafter.


 


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