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  • News From Press SBI MF to levy exit load for switches from equity savings fund

    SBI MF to levy exit load for switches from equity savings fund

    Source: Moneycontrol Jun 22, 2017

    SBI Mutual Fund will levy an exit load for switches from SBI Equity Savings Fund with immediate effect, the fund house said in a notice today.

    The scheme will levy an exit load of 1 percent if investments are switched to all opened-ended equity schemes of SBI Mutual Fund and SBI Magnum Balanced Fund within one year from the date of allotment.

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