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UTI MF Exit Load Changes
UTI Mutual Fund has removed the exit load of UTI MIS Advantage Plan. Earlier it was, 1.50 per cent for redemption within 90 days, 1.25 per cent for redemption between 90 days to 180 days and 1 per cent for redemption between 180 days to 365 days.
The Fund House also changed the exit load of UTI Mid Cap Fund, UTI Banking Sector Fund & UTI Infrastructure Fund to 1 per cent for redemption within 548 days, against the previous 1 per cent for redemption within 1 year.
The changes will be effective from July 01, 2014.
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