Does SBI Magnum Midcap and SBI Magnum Balanced fund has lock in period

Does SBI Magnum Mid Cap & SBI Magnum Balanced Fund has the lock in period of 3 years or I can switch out any time. Are these funds really good?

Apr 3, 2017 by Arun, Jammu  |   Mutual Fund

SBI Magnum Midcap Fund and SBI magnum Balanced fund are open ended mutual fund schemes and therefore does not have any lock-in period.

You can switch or buy additional units in these funds anytime you wish.

Yes, these two are really top performing funds in their respective categories and you can consider to remain invested in these funds for long period of time.

Thanks for writing to Advisorkhoj.

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