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2026-09-30 05:58:40 pm | Source: Accord Fintech
UTI Asset Management Company announces discontinuation of acceptance of PDC
News By Tags | #UTIMutualFund #MutualFund
UTI Asset Management Company announces discontinuation of acceptance of PDC

UTI Mutual Fund has decided to discontinue acceptance of ‘Post-dated cheque’ (PDC) as a mode of subscription facility in all eligible schemes, with effect from post market hours of 30/09/2026.

Accordingly, the provisions related to acceptance of ‘Post-dated cheque’ as a mode of subscription appearing under the section ‘Special Products/facilities available’ in the SIDs and KIMs of eligible schemes and correspondingly the ‘How to apply’ section in SAI shall stand deleted. 

This addendum is an integral part of the Statement of Additional Information (SAI) and Scheme Information Document (SID)/Key Information Memorandum (KIM) of the scheme and should be read in conjunction with SAI & SID/KIM. All the other provisions of the SIDs, KIMs & SAI except as specifically modified herein above shall remain unchanged.

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