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UTI MF, CNBC-TV18 announce the winners of Financial Advisor Awards 08-0929-SEP-09
UTI Mutual Fund and CNBC-TV18 honoured the best financial advisors who have set a benchmark by maximizing the investors’ returns through sound advice in the highly volatile markets. ‘UTI MF and CNBC-TV18 –Financial Advisor Awards, 08-09’ are authoritative awards that recognize the potential of nation’s best financial advisors and felicitate them for their unparalleled service and contribution. The awards were held in Mumbai with Mr. D. Swarup, Chairman, Pension Fund Regulatory and Development Authority (PFRDA) as the Chief Guest for the ceremony. Also present on the occasion were Mr. U.K. Sinha, CMD, UTI Mutual Fund and A. P. Kurian, Chairman Association of Mutual Funds in India (AMFI) among other dignitaries from the industry.
UTI MF revises exit load04-JUL-09
UTI Mutual Fund would revise the exit load for 18 schemes from Monday, the fund house said on Friday, amending the scheme’s offer document.
UTI MF open to acquisition of domestic fund house15-MAY-09
The country’s fourth largest asset manager, UTI Asset Management Company, on Thursday said it is open to acquisition if some good opportunity is available. “We can do it ... We are not averse to acquisition,” UTI AMC Chairman and Managing Director U K Sinha said.
UTI MF declares dividend under UTI-CRTS (Gross pay out: 3.679%)14-MAY-09
UTI Unit Scheme for Charitable and Religious Trusts and Registered Societies  (UTI-CRTS) declares a dividend resulting in gross pay out of 3.679% (Rs.3.679 per unit on a face value of Rs.100/-). This pay out includes the applicable income distribution tax.
UTI MF declares dividend under UTI Balanced Fund15-APR-09
UTI Balanced Fund has declared a dividend resulting in a gross pay out of 8.5% (Rs.0.85 per unit on a face value of Rs.10/-). This pay out includes the applicable income distribution tax.
MFs on a volcano; using short-term funds for long-term lending01-APR-09
The mutual funds industry is sitting on a volcano as 75-80 per cent of its assets are short-term while it resorts to long-term lending to corporates, creating an asset-liability mismatch.
UTI MF to use SMS, innovative channels for marketing22-FEB-09
Buoyed by the success of its strategy to use 'dabbawallas' for promoting sales of its mutual funds, UTI MF now plans to use the SMS service in mobile phones to deepen and widen its penetration, especially in rural areas.
Debt funds drive record growth in MF assets18-FEB-09
Buoyed by significant growth in debt funds, the mutual fund industry's total asset under management in January rose to rose 9.4 per cent, the highest monthly growth in 15 months.
UTI MF launches UTI-Wealth Builder Fund-Series II23-OCT-08
UTI Mutual Fund today launched its unique scheme, "UTI Wealth Builder Fund-Series II" which combines the benefits of both equity and gold.
UTI MF plans to launch products in international market01-SEP-08
Undeterred by choppy markets and deferring of public offer, UTI MF is looking for options to launch products across various geographies by the end of September, a top official of the company said
Taurus MF ropes in Prasanna Pathak from UTI MF01-SEP-08
Taurus MF has appointed Prasanna Pathak as fund manager equity. Prior to this assignment, he was an assistant fund manager at UTI Mutual Fund.
UTI MF public issue likely to get delayed till next year31-AUG-08
The initial public offering (IPO) of UTI Asset Management Company, the country's third largest fund house, is likely to get delayed till next year as the company has to apply afresh to market
UTI MF enhances features of UTI-ULIP10-JUL-08

UTI Mutual Fund has enhanced the features of UTI-Unit Linked Insurance Plan (UTI-ULIP) and introduced monthly systematic investment plan (SIP) under the scheme.

UTI MF yet to decide on IPO timing10-JUN-08

UTI Mutual Fund, which is planning to tap the capital market, today said it is yet to decide on the timing of the initial public offer  the first ever by a fund house in India.

UTI MF carrot for US-64 investors20-JAN-08
With a view to attracting the nearly 2-3 million investors of US-64 and ARS bonds, UTI Mutual Fund has given them an option to invest in some of its best performing schemes.
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