SBI Mutual Fund revised the load structure of SBI Treasury Advantage Fund. The load has been changed to 0.50 per cent for redemptions within 9 months. The scheme did not charge any load earlier.
The fund house also announced the NFO of two closed-end schemes. SBI Debt Fund Series- 366 Days- 49 will open for subscription on December 16, 2013 and close on December 17, 2013. SBI Debt Fund Series- 30 Days- 5 will open on December 17, 2013 and close on December 18, 2013.