Widely read:
UTI Mutual fund has changed the Minimum Amount Requirements under UTI Liquid Cash Plan, UTI Treasury Advantage Fund, UTI Short Term Income Fund & UTI Money Market Fund.
The following changes in the Minimum Amount Requirements of the aforementioned Schemes will be effective from October 05, 2015 :
(1)Minimum Application Amount
| Scheme | Plan | Existing Minimum Application Amount | Proposed Minimum Application Amount |
| UTI Liquid Cash Plan | Existing( Institutional Plan) & Direct Plan | ₹1,00,000 and in multiples of Re.1 | ₹1,00,000 and in multiples of Re.1 |
| UTI Treasury Advantage Fund | Existing( Institutional Plan) & Direct Plan | ||
| UTI Short Term Income Fund | Existing( Institutional Option) & Direct Plan | ₹30,000 and in multiples of Re.1 |
(2)Subsequent Minimum Investment Amount
| Scheme | Plan | Existing Subsequent Minimum Application Amount | Proposed Subsequent Minimum Application Amount |
| UTI Liquid Cash Plan | Existing( Institutional Plan) & Direct Plan | ₹10,000 and in multiples of Re. 1 | ₹1,000 and in multiples of Re. 1 |
| UTI Money Market Fund | |||
| UTI -Treasury Advantage Fund | |||
| UTI Short Term Income Fund |
(3)Minimum Redemption Amount
| Scheme | Plan | Existing Minimum Redemption Amount | Proposed Minimum Redemption Amount |
| UTI Liquid Cash Plan | Existing( Institutional Plan) & Direct Plan | ₹10,000 | ₹1,000 |
| UTI Money Market Fund | |||
| UTI Short Term Income Fund |
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