News From Press SBI Mutual Fund re-classifies schemes; gives exit option to unit holders

SBI Mutual Fund re-classifies schemes; gives exit option to unit holders

Source: ET/PTI Apr 16, 2018

SBI Asset Management Company has re-classified and categorised its several schemes, a move that will reduce clutter and make it simple to compare performance of various other mutual fund schemes.

Besides, the fund house has given the exit option to existing investors.

The move is part of the fund house effort to comply with markets regulator Sebi's directive.

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