UTI Mutual Fund has revised the exit load of UTI Bond Fund. It proposes to charge an exit load of 1.25% for redemptions made within 180 days, 1% for units redeemed between 180 days to 365 days and no exit for redemption after 365 days. Earlier, there was an exit load of 1% for units redeemed within 365 days.
This change is applicable for investment of any amount. The effective date for this change is August 10, 2011.
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