Exit load in
Dynamic Bond Fund raised to 1% from 0.25%; to apply to redemptions within 365
days
Mumbai: SBI Mutual Fund
has revised exit load in SBI Dynamic Bond Fund with effect from August 16,
2011.
The Fund will charge 1 per cent as exit load if
units are redeemed within 365 days from the date of allotment. Earlier, the scheme charged 0.25 per
cent as exit load if units are redeemed within 90 days from the date of allotment.
SBI Dynamic Bond Fund is an open ended income scheme with the investment objective of providing reasonable returns and liquidity to unit holders through an actively managed portfolio of good quality debt as well as money market instruments.
