Saturday, December 11, 2010

Change in Load Structure under Magnum Income Fund - Floating Rate - Savings Plus Bond

Effective December 9, 2010, SBI Mutual Fund has revised the exit load under Magnum Income Fund - Floating Rate Plan - Savings Plus Bond Plan. Now the exit load will be Nil. Earlier the exit load used to be 0.50 % for investments redeemed within 6 months from the date of allotment.

Source: http://www.valueresearchonline.com/

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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