Tuesday, November 18, 2008

SBI Mf Series-18 Months Redemptions Various - Nov 18, 2008

SBI Mutual Fund has revised the exit load structure for various plans under the SBI Debt Fund Series, close-ended debt fund. The changes in load structure will be applicable for all funds mentioned below to be launched on or after 19 November 2008.Accordingly, the SBI Debt Fund Series –30 Days – 5, 6, 7 will ask load of 0.50% and SBI Debt Fund Series –90 Days – 32,33 may charge 2.00% load if exit done before maturity.

SBI Debt Fund Series-13 Months Fund-9, 10 and SBI Debt Fund Series-18 Months Fund- 4,5,6 will charge 4.00% as an exit load for redemptions done before maturity.All other returns and conditions of the scheme remain unchanged.

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