UTI Mutual Fund has announced change in exit load structure under the following schemes, with effect from 01 January 2015. Accordingly, the revised exit load will be:
UTI Dynamic Bond Fund & UTI Income Opportunities Fund: if exited less than or equal to 365 days, the exit load will be 1.00% and the exit load will be Nil, if exited after 365 days.
UTI Monthly Income Scheme: if exited less than or equal to 1095 days, the exit load will be 1.00% and the exit load will be Nil, if exited after 1095 days.
UTI Gilt Advantage Fund:
If exited less than or equal to 548 days, the exit load will be 2.00%
If exited after 548 days and less than or equal to 1095 days, the exit load will be 1.00%
If exited after 1095 days, the exit load will be Nil.