UTI Mutual Fund has revised the exit load structure under its scheme UTI Dynamic Bond Fund. As per the revision, scheme will charge an exit load of 0.50 per cent if the investments are redeemed within 30 days from the date of allotment. The revision has been effective from 25th June, 2010. UTI Dynamic Bond Fund, is an open ended income scheme, with investment objective to generate optimal returns with adequate liquidity through active management of the portfolio, by investing in debt and money market instruments. The scheme is managed by Mr. Puneet Pal and benchmarked against CRISIL Composite Bond Fund Index.
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