SBI Mutual Fund has proposed to revise the exit load structure of SBI Short Horizon Fund- Short Term Fund - Retail Plan with effect from March 19, 2009. Accordingly, the scheme will charge an exit load of 0.50% for the exit within 1 month form the date of allotment while nil for exit after 1 month from the date of allotment.

Currently, the scheme charges 0.50% for exit within 3 months from the date of investments, 0.25% for exit after 3 months but before 6 months from the date of investments and nil for exit above 6 months. SBI Short Horizon Fund- Short Term Fund is an open-ended income scheme and the objective is to provide investors with an opportunity to generate regular income through investments in a portfolio comprising of debt instruments as well as money market instruments.