Fund News

SBI Mutual Fund: Change in Load Structure

Last updated: 08-Jul-2024•News Desk

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

Table 1

The changes will be ap

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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