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SBI Magnum Gilt-Long Term: Change in Exit Load

SBI Mutual Fund has announced a change in the exit load of SBI Magnum Gilt-Long Term with effect from November 7, 2012.

A load of 0.25% shall be applicable if units are redeemed within 15 days from the date of allotment.

Presently, a load of 0.50% is charged for exit within 6 months and 0.25% for exit after 6 months and within 12 months from the date of allotment.