While the government and T.Rowe Price (TRP) negotiate a possible truce after the US investment firm went to court, UTI’s managing director has made it clear he plans to leave when his term is over on Monday.
The simmering battle at the country’s sixth largest mutual fund, UTI, has erupted into a full-scale war, and the mutual fund’s proposed initial public offering (IPO) could be the first casualty with its managing director
The one risk which we are getting conscious about is the impact on corporate credit quality in a rising interest rate environment, says Amandeep Chopra, group president and head-Fixed Income, UTI Asset Management Company (AMC
The board of trustees of UTI Mutual Fund has written to the board of UTI Asset Management Company (AMC), drawing its attention to Securities and Exchange Board of India (Sebi) rules which state that by March 2019, UTI AMC’s
In this context, the strong growth in net inflows through this route assumes significance. Amfi data also shows that on an average, the mutual fund industry had added about 9.7 lakh SIP accounts each month during the FY18 as
Even in the bullish markets we have seen correction in excess of 10%, so by no way we can say that this correction is over, and we can’t rule out further downside, says Mahesh Patil, co-chief investment officer at Aditya Bi
Mutual fund trade body Association of Mutual Funds in India (Amfi) has sent a letter to the finance ministry seeking parity on taxation between units of equity mutual funds and units of unit linked insurance plans (Ulips), of
Finance minister Arun Jaitley had on February 1 unveiled NHPS, the world’s largest government-funded healthcare programme, with an initial target to cover over 10 crore poor and vulnerable families (approximately 50 crore b