Major fund houses report a sharp rise in online transactions, driven by changing investor habits, distributor behaviour, and fast-growing fintech platforms. Illustration: Dominic Xavier/Rediff ......
Fund managers are divided on the prospects for beaten-down information technology (IT) stocks, reflected in the wide variance in equity mutual funds’ (MFs) sector exposure. Illustration: Dominic......
Coimbatore-based low-cost carrier Paramount Airways is catching the fancy of private equity funds. A slew of funds, including UTI Venture Fund, the India Growth Fund of the Kotak group and the New......
The competitive intensity in the mutual fund (MF) industry is moving beyond scheme performance, cost structures, and distribution. Illustration: Dominic Xavier/Rediff In recent months, several......
UTI Mutual Fund's new fund offer -- UTI SPrEAD Fund -- is an open-ended equity fund that seeks to generate market neutral returns. The investment objective of UTI SPrEAD is to provide capital......