Scheme
Magnum InstaCash Fund
Magnum InstaCash Fund - Liquid Floater
SBI Premier Liquid Fund
SBI Short Horizon Fund-Ultra Short Term
SBI Saving Fund
SBI Treasury Advantage Fund
SBI SHDF Short Term Fund
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SBI MUTUAL FUND- DISTRIBUTOR INCENTIVE STRUCTURE effective from July 2015 till further notice of change
LIQUID SCHEMES
Minimum Investment Amount
Upfront
Trail - 1st year
Trail - 2nd year *
(Rs.)
5,000
NIL
0.05% on Average NAV 0.05% on Average NAV
5,000
NIL
0.05% on Average NAV 0.05% on Average NAV
50,000
NIL
0.05% on Average NAV 0.05% on Average NAV
LIQUID PLUS SCHEMES
5,000
NIL
0.05% on average NAV 0.05% on average NAV
5,000
NIL
0.50% on average NAV 0.50% on average NAV
ACCRUAL & SHORT TERM SCHEMES
5,000
NIL
0.50% on Average NAV 0.50% on Average NAV
5,000
NIL
0.50% on Average NAV 0.50% on Average NAV
Exit Load
Exit before 3 business days = 0.10%
Exit before 40 business days = 0.25%
NIL
NIL
Exit before 3 business days = 0.10%
Exit before 4 Months - 0.50%
Exit before 90 Days = 0.25%
Exit within 12 mnths - 3%
within 24 mnths - 1.5%
within 36 mnths - 0.75%
SBI Corporate Bond Fund
5,000
0.25%
0.65% on Average NAV
0.65% on Average NAV
SBI Dynamic Bond Fund
Magnum Income Fund
Magnum Gilt Fund - Short Term*
Magnum Gilt Fund - Long Term*
5,000
5,000
5,000
5,000
NIL
0.25%
NIL
NIL
DURATION FUNDS
0.90% on average NAV
0.85% on Average NAV
0.30% on Average NAV
0.50% on Average NAV
HYBRID SCHEMES
0.90% on average NAV
0.85% on Average NAV
0.30% on Average NAV
0.50% on Average NAV
Exit befor 1 Month = 0.25%
Exit before 1 year = 1%
Exit before 15 days = 0.15%
Exit before 15 days = 0.25%
Magnum Children's Benefit Plan
5,000
0.60%
1.00% on Average NAV
1.00% on Average NAV
upto -12mths= 3%; 13-24 mths = 2%; Exit between 2536mths = 1%
Magnum Monthly Income Plan
5,000
0.60%
1.00% on Average NAV
1.00% on Average NAV
Exit befor 1 year = 1%
SBI Regular Savings Paln
5,000
0.60%
1.00% on Average NAV
1.00% on Average NAV
Exit befor 1 year = 1%
Magnum MIP- Floater
5,000
0.60%
1.00% on Average NAV
1.00% on Average NAV
Exit before 18 Months = 1.50%
EQUITY SCHEMES
Scheme
Magnum Balance Fund
Magnum Equity Fund
SBI Bluechip Fund
Magnum Multiplier Plus-93
Magnum Global Fund
Magnum Midcap Fund
SBI Small & Mid Cap Fund
SBI - Emerging Business Fund
Magnum Multicap Fund
Minimum Investment Amount
(Rs.)
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
Upfront
Trail - 1st year
Trail - 2nd year *
Exit Load
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
NIL
1.25% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.35% on Average NAV
1.35% on Average NAV
1.25% on Average NAV
1.35% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.25% on Average NAV
1.35% on Average NAV
1.35% on Average NAV
1.25% on Average NAV
1.35% on Average NAV
Exit before 18 Months = 1.50%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Exit before 18 Months = 1%
Exit before 18 Months = 1.50%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Exit within 12 mnths - 2%
within 24 mnths - 1%
Exit within 12 mnths - 2%
within 18 mnths - 1%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Exit before 1 yr = 1%
Dynamic Asset Allocation Fund
5,000
NIL
1.35% on Average NAV
1.35% on Average NAV
Banking & Financial Services Fund
5,000
NIL
1.35% on Average NAV
1.35% on Average NAV
MSFU - Contra Fund
Magnum Comma Fund
SBI Infrastructure Fund Series I
SBI PSU Fund
5,000
5,000
5,000
5,000
NIL
NIL
NIL
NIL
1.25% on Average NAV
1.35% on Average NAV
1.35% on Average NAV
1.35% on Average NAV
1.25% on Average NAV
1.35% on Average NAV
1.35% on Average NAV
1.35% on Average NAV
SECTOR FUND ( No Exit Load)
NIL
1.35% on Average NAV 1.35% on Average NAV
NIL
1.35% on Average NAV 1.35% on Average NAV
NIL
1.35% on Average NAV 1.35% on Average NAV
EQUITY SCHEMES (No Exit Load Beyond 7 Days)
MSFU - FMCG
MSFU - IT Fund
MSFU - Pharma Fund
5,000
5,000
5,000
NIL
NIL
NIL
Magnum Index Fund
5,000
NIL
0.50% on Average NAV
0.50% on Average NAV
1% exit within 7 business days
SBI Arbitrage Opportunities Scheme
5,000
NIL
0.40% on Average NAV
0.40% on Average NAV
Exit before 3 Months = 0.50%
0.85% on Average NAV
Exit before 1 yr = 1%
1.10% on Average NAV
Nil
0.25% on Average NAV
Exit befor 1 year = 1%
HYBRID SCHEMES
SBI EDGE Fund
5,000
Magnum Tax Gain Fund
5000
SBI Gold Fund
5000
0.25%
0.85% on Average NAV
EQUITY LINKED SAVINGS SCHEME
0.50%
1.10% on Average NAV
FOF SCHEME
Nil
0.25% on Average NAV
All Brokerage / Incentives are gross & inclusive of all statutory levies including service tax & education cess. Net amount after deducting the statutory levies will be paid to the associates. The
service tax will be deducted from the brokerage payout at the time of payment.
Terms & Conditions:
1.The above structure is valid only for the period May 2015 till further notice of change. However AMC reserves the right to review the same during the quarter for any business contigencies.
2.Only AMFI / NISM registered distributors empanelled with us are eligible for the above incentive structure.
3.Only the valid application form under "Regular Plan" with ARN number mentioned in the broker code cell will be considered for the above incentive structure.
4.In case of switch transaction from one equity fund to another equity fund before the exit load period (viz. 1 year for most of our equity funds), no upfront incentive will be payable.
5.In case the investment is redeemed within 12 months, the B-15 special Incentive will be completely recovered / clawed back / set off from the future Brokerage payments of the Distributor.
6.In case the investment is redeemed within 12 months, then the upfront commission will be proportionatly (i.e. for the remaining period of exit load period) recovered / clawed back / set off
from future payments.
7. The list of Top 15 Centres may undergo change from time to time based on the AMFI/SEBI guidelines
8.AMC reserves the right to change the structure without any prior intimation.
9.Trail from 2nd year onwards is subject to change based on any change in regulations or cost structure.
10.You are advised to abide by the code of conduct and rules/regulations laid down by SEBI and AMFI.
11. The above structure is applicable for the lumpsum and SIP/STP sales.