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SBI Mutual Fund: Extension Of STP to Two More Schemes

SBI Mutual Fund has announced the extension of Systematic Transfer Plan (STP) facility to SBI Short Horizon Debt- Ultra Short Term Fund and SBI Short Horizon Debt - Short Term Fund apart from existing SBI Magnum InstaCash Fund ( Cash and Dividend Plan) and Liquid Floater Plan.

The revised target schemes shall be all open end equity schemes, SBI Magnum Gold Fund, SBI Magnum Balanced Fund. The effective date for the change is July 9, 2012.