'The long maturity of these funds makes them well-suited for long-term financial goals such as saving for retirement or children's education or marriage.'
M Damodaran was the brand that managed the UTI crisis.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Wondering if mutual fund investments can earn you enough money for your retirement and child's marriage? Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
R H Patil was on Thursday appointed chairman of UTI Asset Management Company, the country's largest mutual fund.\n\n
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
T S Vijayan, whose five-term as the chairman of government-owned Life Insurance Corporation of India (LIC) ended on Tuesday, is likely to shift to UTI Mutual Fund as the new head.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
The country's leading fund manager UTI Mutual Fund is likely to enter the capital market with its public issue by the end of current fiscal and has already got the approval from its board for the IPO.
'Investing in a factor-based fund can be beneficial provided you have chosen the right factor.'
Experts say the impact on the schemes' NAVs may vary in the coming days, depending upon how fund houses treat the developments on VIL and whether there are any further rating downgrades or credit events.
The government is likely to consider a proposal to privatise UTI Mutual Fund after the completion of the valuation and due diligence process, Union Finance Secretary S Narayan said on Tuesday.
The government will provide Rs 1,200 crore (Rs 12 billion) to UTI-I in the next fiscal to enable closure of three assured return schemes.
UTI Mutual Fund has targeted to raise at least Rs 5,000 crore by distributing its products through bank branches over the next 12 months.
Nikunj Saraf, Vice President Choice Wealth, answers your queries
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries:
Unit Trust of India Mutual Fund, which commenced operations at the beginning of this month, is targeting to double its Assets Under Management to Rs 30,000 crore (Rs 300 billion) in the next 12 months, chairman and managing diector M Damodaran said.
State-run UTI Mutual fund has toppled private sector ICICI Prudential to be the country's second biggest fund house, while Anil Ambani Group's Reliance MF has retained its top position.
UTI Mutual Fund has launched UTI-FAMILY (that allows investors to buy mutual fund units in their name, but the returns go straight to a parent's bank account.
The IPO is an offer for sale of 38 million shares by SBI, BOB, LIC, PNB and T Rowe Price. Barring T Rowe and PNB, the others are selling stake to comply with Sebi norms.
Wondering if you did the right thing with your mutual fund investments?
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries
T Row Price, the largest stakeholder in the UTI AMC, has threatened to pull out alleging that the ministry of finance is thrusting its own candidate as the CMD of the company.
Imagine transforming a modest Rs 10,000 monthly investment into a steady Rs 1 lakh monthly income in your retirement years. This is the power of compounding -- a strategy that rewards you for starting early and staying consistent with your investments, says Ramalingam Kalirajan.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
