Widely read:
UTI Mutual Fund has decided to change the Minimum Redemption Amount under the following schemes of UTI Mutual Fund with effect from March 10, 2021
| Scheme | Existing | Revised |
| UTI Banking & PSU Debt Fund | In case of partial redemption the condition of holding minimum investment prescribed under the scheme has to be satisfied | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Bond Fund | In case of partial redemption the condition of holding minimum investment prescribed under the scheme has to be satisfied | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Corporate Bond Fund | In case of partial redemption the condition of holding minimum investment prescribed under the scheme has to be satisfied | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Medium Term Fund | In case of partial redemption the condition of holding minimum investment prescribed under the scheme has to be satisfied | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Credit Risk Fund | 1000/ to be reckoned at prevailing NAV on the date of redemption/ switches | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Dynamic Bond Fund | 1000 & multiple of 1 | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Floater Fund | In case of partial redemption/ switches the condition of holding minimum investment prescribed under the scheme has to be satisfied | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Gilt Fund | 1000 or equivalent units | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Money Market Fund | 1000 | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Short Term Income Fund | 1000 | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Treasury Advantage Fund | Redemption can be for any/ amount in multiples of 1000 | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Ultra Short Term Fund | Minimum amount of redemption in 1000/ and in multiples of 1 | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Overnight Fund | NIL | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
| UTI Liquid Cash Plan | Minimum amount of redemption under Growth option in 500/ and for all the other option it is 1000 | minimum amount of redemption is 500 & multiples of 1.In case of partial redemption, if the balance amount held in the unit holders`s folio/ account under the plan/ option of the scheme is less than the minimum investment amount, then the transaction shall be treated as an all units redemption and the entire balance of available units in the folio/ account of the unit holder shall be redeemed |
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