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Jun 01, 2012, 10.45 AM IST
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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