UTI Mutual Fund has announced some changes in the exit load structure of its below mentioned schemes. The change will take effect from September 5, 2024, for all prospective investments in the fund.
Scheme | Existing exit load | Revised exit load |
---|---|---|
UTI Multi Asset Allocation Fund | For units in excess of 10% of the investment, 1% is charged for redemption within 365 days | 1% will be charged for redemption within 30 days |
UTI Long Duration Fund | For units in excess of 10% of the investment, 1% is charged for redemption within 3 years | Nil |