UTI Mutual Fund has notified that with effect from December 24, 2008, an exit load of 0.75% will be levied for investments of upto Rs. 1 crore under UTI Bond Fund if redeemed withinh 365 days. Earlier, for investments of less than Rs. 10 lakhs, an exit load of 0.50 was levied if units were redeemed within 180 days from the date of investment.
