Fund News

UTI India Lifestyle Fund reduces exit load period

UTI India Lifestyle Fund reduces exit load period

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.



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