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Revision of exit load under SBI Mutual Fund


SBI Mutual Fund has revised the exit load under Magnum Income Plus Fund (Saving and Investment Plan) and Magnum Monthly Income Plan with effect from November 16, 2009.

Revised Exit load structure:
For exit within one year from the date of allotment - 1.00%.

Existing Exit load structure:
Magnum Income Plus Fund (Saving and Investment Plan).

For exit within six months from the date of investment- 1.00%.
For exit within one month from the date of investment- 0.50%.

Magnum Monthly Income Plan.

For exit within six months from the date of allotment - 1.00%.
For exit after six months but within twelve months from the date of allotment- 0.50%.