MFIs/MFDs/RIAs are hereby informed that we have received communication from SBI Mutual Fund regarding restriction on subscription in SBI SMALL CAP FUND on BSE StAR MF Platform with effect from September 08, 2020.
Further, as intimated by SBI AMC, fresh subscription through Lumpsum investment (Including additional Investments/Switch In) in the scheme shall not be accepted till further notice.
• Fresh/New registrations through Systematic Investment Plan (“SIP”) or Systematic Transfer Plan (“STP”) will be allowed/ accepted as per maximum amount cap provided below for per month per PAN (First holder/Guardian PAN).
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SIP/STP In Frequency
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The maximum cap for SIP/STP In
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Monthly
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Rs. 5000/-
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Quarterly
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Rs. 15000/-
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• The cap for investment through SIP/STP In for Monthly & Quarterly frequency in SBI Small Cap Fund cumulatively should not exceed as per the cap provided above across all folios for per Investor/per Month/per PAN.
The notice cum addendum issued by SBI AMC is attached.
Ketan Jantre Zeeta Eustace
Sr. General Manager – Mutual Funds Asst. General Manager – Mutual Funds |