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02 Mar 2021 12:49
SBI Liquid Fund Announces change in minimum amount for purchase & redemption/switches
SBI Mutual Fund has announced that the provision with respect to minimum amount for purchase, additional purchase & redemption/switches in SBI Liquid Fund – growth option stands revised as under, with effect from 03 March 2021:

Minimum amount for purchase:

Existing Provision: Rs. 5000/- & in multiples of Rs.1

Revised Provision: Rs. 500/- & in multiples of Rs.1 thereafter.

Minimum amount for additional purchase:

Existing Provision: Rs. 5000/- & in multiples of Rs.1

Revised Provision: Rs. 500/- & in multiples of Rs.1 thereafter.

Minimum amount for redemption / switches:

Existing Provision: Rs. 5000/- or 1 unit or account balance whichever is lower

Revised Provision: Rs. 500/- or 1 unit or account balance whichever is lower.

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