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SBI Dynamic Bond Fund revises exit load


SBI Mutual Fund has revised the exit load of SBI Dynamic Bond Fund to 0.50 per cent for above 10 per cent of investment for redemption/ switching out units within 3 months. Currently, it is 1 per cent for above 10 per cent of investment for redemption/ switching out units within 1 year.

The effective date is December 15, 2014.

The fund house has announced to launch SBI Debt Fund Series B - 6 (1111 Days). The scheme will be open for subscription from December 16, 2014 to December 22, 2014.

The fund house has also decided to cancel the launch of NFO of SBI Debt Fund Series B - 5 (1111 Days).