UTI Mutual Fund has removed the exit load from UTI Gilt Advantage Fund, with effect from Feb 4, 2015. The scheme was currently charging 2 per cent for redemption within 548 days of the allotment and 1 per cent for redemption within 548-1095 days.
The Fund House has announced dividend under UTI M Interval Fund Sr II Direct-D, UTI M Interval Fund Sr II Ret-D, UTI Fixed Term Income Sr XVII-X (367D) Reg-DQ, UTI Fixed Term Income Sr XVII-X (367D) Direct-DQ, UTI Fixed Term Income Sr XVII-X (367D) Direct-DY, UTI Fixed Term Income Sr XVII-X (367D) Direct-D, UTI Fixed Term Income Sr XVII-X (367D) Reg-D and UTI Fixed Term Income Sr XVII-X (367D) Direct-Flexi D.
The quantum of dividend will be the entire distributable surplus as on the record date. The record date has been fixed as February 09, 2015.
