Fund News

SBI MF: Introduction of Exit Load under Magnum Index Fund

With effect from December 22, 2008, an exit load of 1% will be applicable on the applicable NAV if u

With effect from December 22, 2008, an exit load of 1% will be chargeable under Magnum Index Fund if the units are redeemed within 7 days from the date of investment. The change will be applicable on a prospective basis. Earlier, there was no exit load applicable under the scheme.



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