Thursday, July 9, 2009

UTI Mutual Fund Revises Shipment Composition - July 09, 2009

UTI Mutual Fund has revised load structure for UTI Mahila Unit Scheme with effect from 6 July 2009. The changes are, Revised Structure: Entry load (as % of NAV): 1.50%, Exit load (as % of NAV): 3% if exited before 1 year. 2% if exited on or after 1 year but before 2 years and 1% exit load if exited on or after 2 years.

The existing structure: Entry load (as % of NAV): 1.50%, Exit load (as % of NAV): 0.75% if exited within 1 year.

UTI Mahila Unit Scheme is an open ended debt oriented scheme with an investment objective to invest in a portfolio of equity/equity related securities and debt and money market instruments with a view to generate reasonable income with moderate capital appreciation.

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