UTI Mutual Fund changed the exit load of UTI Short Term Income Fund- Institutional Option, with effect from November 1, 2013.
Exit load has been revised to 0.75 per cent for investments redeemed within 90 days and 0.5 per cent for investments redeemed within 180 days. The scheme earlier charged load at 0.75 per cent from investments redeemed within 180 days.
The fund house also announced dividend in the Retail, Retail Direct and Institutional plans of UTI Q Interval Fund Sr V. The quantum of dividend will be the entire distributable surplus as on record date- November 6, 2013.
