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27, May 2019 12:23 PM
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SBI Savings Fund Announces change in Minimum Redemption Amount
(15 May 2019, 11:15)
SBI Mutual Fund has decided to revise Minimum Redemption Amount of SBI Savings Fund, with immediate effect.

SBI Savings Fund:

Existing Minimum Redemption Criteria: Rs. 500/- or 50 Units or account balance, whichever is lower.

Revised Minimum Redemption Criteria: Rs. 500/- or 1 Units or account balance, whichever is lower.

There is no change in the minimum redemption criteria of SBI Magnum Taxgain Scheme.

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