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SBI Mutual Fund: Change in Load Structure


SBI Mutual Fund has revised the exit load of following schemes.

Scheme NameExisting Load StructureRevised Load Structure
SBI Magnum Balanced Fund & SBI Magnum Global Fund1% for redemption within 1 year1.5% for redemption within 18 months
SBI Magnum Monthly Income Plan - FloaterFor 10% of investments - Nil For remaining investment - 1% redemption within 1 yearFor 10% of investments - Nil For remaining investment - 1.5% redemption within 18 months

The changes will be applicable from August 06, 2014.