UTI MF

The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across the market capitalization spectrum

The government took away the indexation benefit of debt funds from April 1, 2023

Fund seeks to generate long-term capital appreciation by investing in equity and equity-related instruments

The fund's month-end assets under management increased to Rs 11,680 crore in March 2024 from Rs 6,800 crore in March 2021

NFO opens on July 24, closes on August 7

In a Q&A, Tyagi says 2023 could be a year of consolidation because the market is trading at a 15-20% premium to long-term averages

Consider these funds after you have a core portfolio in place

Certain UTI Mutual Fund schemes had invested in debt instruments of Altico that were downgraded to below investment grade by credit rating agencies in September 2019

All that happened in the markets today

All that happened in the markets today

Kulkarni tells Jash Kriplani that stimulus support and fiscal policy response of governments are making investors look beyond the Covid-19 pandemic

LIC, SBI, and BoB did not bring stake below 10% by March 2019 in accordance with rules

Franklin schemes under wind-up received over Rs 1,200 crore

Rating revision factored in likelihood of default on payments due on Wednesday

The 3rd fund house to go public will succeed if legacy issues are put to rest; Industry insiders say that till now UTI has high brand recall in smaller cities, when investors consider a MF portfolio

The financial sector may go through a volatile phase in the short term, but its ability to create value in the long-term is fully intact.

Listed peers have stood fast despite troubles in the mutual fund space

Franklin Templeton MF, which had exposure to the debt papers of the company in six of its schemes (that are being wound up), also received payment.

Move follows downgrade by Care Ratings to below investment grade

Franklin Templeton MF announced 100% mark-down; others followed valuation metric after SC rejected telcos' petition