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UTI India Lifestyle Fund reduces exit load period


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UTI Mutual Fund has revised the exit load of the following funds, with effect from April 06, 2015:

Scheme NameExisting Exit LoadRevised Exit Load
UTI India Lifestyle
UTI Pharma & Healthcare
UTI Energy
UTI Transportation & Logistic
UTI Multi Cap
UTI Mid Cap
UTI Banking Sector
UTI Infrastructure
1% if redeemed on or before 548 days1% if redeemed within 1 year
UTI MNC1% if redeemed on or before 730 days1% if redeemed within 1 year
UTI Monthly Income Scheme1% if redeemed on or before 1095 days1% if redeemed on or before 365 days

The fund house has also announced dividend under the dividend option of UTI Fixed Term Income Sr XVIII-V (370D) Reg-DQ, UTI Fixed Term Income Sr XVIII-V (370D) Direct-DQ, UTI Fixed Term Income Sr XVIII-V (370D) Reg-DY, UTI Fixed Term Income Sr XVIII-V (370D) Direct-DY, UTI Fixed Term Income Sr XVIII-V (370D) Reg-D and UTI Fixed Term Income Sr XVIII-V (370D) Reg-Flexi D. The quantum of dividend will be the entire distributable surplus as on the record date.

The record date has been fixed as April 09, 2015.