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Tuesday, September 22, 2009

UTI MF Revises Exit Load Charge for Master & Nifty Index Fund

With effect from 22 September 2009

UTI Mutual Fund has decided to revise exit load structure for UTI-Master Index Fund and UTI-Nifty Index Fund, with effect from 22 September 2009

Revised Load Structure:

Accordingly, the schemes will charge an exit load of 1% of NAV, if exited within 15 days. The exit load charge will be nil, if exited on or after 15 days.

Existing Load Structure:

The exit load charge is 1% of NAV, if exited before 1 year. If exited on or after 1 year the exit load charge is nil.

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