SBI AMC announces discontinuation of SBIMF-SIP insure facility
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SBI Asset Management Company (AMC) has announced addendum to the Scheme Information Documents (SID) and Key Information Memorandum (KIM) of schemes of SBI Mutual Fund.
SBI Mutual Fund informed that pursuant to SEBI ‘s letter no. SEBI/HO/OW/IMD II/DOF3/P/25096/2022 dated June 17, 2022, ‘SBI MF-SIP insure’ facility (‘the facility’) has been discontinued in all the schemes/ plans of SBI Retirement Benefit Fund (‘The Scheme’) with effective from July 15, 2022. Accordingly no new investments will be registered in the facility from the effective date.
All other features and terms and conditions of the scheme remain unchanged. This addendum forms an integral part of the Scheme Information Document(s)/ Key Information Memorandum(s) of the Scheme(s), as applicable, of the Fund as amended from time to time.
