Hi Venkatesh,
After loading master data we need to do ACR or Activate Master Data.
if these characteristic object used in aggregates we need to do the following to update in Aggregates.
Because if your info cube having Aggregates then while executing Query It hit's the Aggregates so you may get old data only in report level.
Please run Hierarchy/Attribute change for Info Objects In Aggregates levl.
Steps :
Go to SE38------>Enter Prgm name RSDDS_AGGREGATES_MAINTAIN .
Click on Execute.
You will get Hierarchy/Attribute change successfully Completed.
Use it to moinitor Change run---RSDDS_CHANGERUN_MONITOR .
For reference go through the following link.
Regards
Surendra