UTI Mutual Fund has revised the lock-in period definition for UTI Long Term Equity Fund
Aug 17 2020
News Category: AMC Specific Updates
UTI Mutual Fund has revised the lock-in period definition for UTI Long Term Equity Fund on a prospective basis with immediate effect. Accordingly, the lock-in-period under UTI Long Term Equity Fund (Tax Saving) shall be a period of 3 years from the date of allotment of units under the scheme during which the applicant will be required to hold the units and not tender them for redemption.