MUTUAL FUNDS
SBI AMC announces change in provisions of ETF
May-02-2024

SBI Asset Management Company (AMC) has announced addendum to the key information memorandums/ scheme information documents/ statement of additional information of all schemes of SBI Mutual Fund.

SBI AMC has informed that applicability of clauses 3.6.2.1 and 3.6.2.2 of SEBI master circular for mutual funds dated May 19,2023 where investors directly transacting with AMC for ETF units ( subject to amount exceeding Rs 25 crore) in creation unit size and in multiples thereof for –schemes managed by Employee Provident Fund Organization India, and Recognized provident funds, approved gratuity funds and approved superannuation funds under income tax Act 1961, has further extended to till October 31,2024. Accordingly, notices issued earlier stands modified. 

All other 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.


  RELATED NEWS >>