SBI Mutual Fund revised the exit load of SBI Magnum Income Fund- Floating Rate Plan- LT and SBI Ultra short Term Debt Fund. The revised load of SBI Magnum Income Fund- Floating Rate Plan- Long Term will be 0.50 per cent for redemption within 6 months. Earlier it was 0.50 per cent for redemption within 1 month.
The Fund House removed the exit load from SBI Ultra short Term Debt Fund. Earlier it was, 0.10 per cent for redemption within 3 days.
The change will be effective from April 07, 2014.