Widely read:
SBI Mutual Fund has revised the exit load of following schemes.
| Scheme Name | Existing Load Structure | Revised Load Structure |
| SBI Magnum Balanced Fund & SBI Magnum Global Fund | 1% for redemption within 1 year | 1.5% for redemption within 18 months |
| SBI Magnum Monthly Income Plan - Floater | For 10% of investments - Nil For remaining investment - 1% redemption within 1 year | For 10% of investments - Nil For remaining investment - 1.5% redemption within 18 months |
The changes will be applicable from August 06, 2014.
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