UTI Mutual Fund has announces changes in the load structure of UTI G-Sec Investment Plan. The changes will be effective from 8 December 2008. The scheme proposed to not charge any entry nor exit load for investment of any amount hereafter. Earlier it charges entry load 1.25% of NAV for the investments greater than or equal to Rs 25 crore and nil for the investment amount less than Rs 25 crore. The scheme did not charge exit load for any investment amount.
Monday, December 8, 2008
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