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UTI Asset Management Co plans IPO

UTI Asset Management Company is planning to come out with an initial public offer by selling 60 per cent of its holding to the public, its chairman M Damodaran said in Kolkata on Monday.Damodaran......

Damodaran to head asset management firm of UTI

Unit Trust of India Chairman M Damodaran will take over as the chairman and managing director of UTI Asset Management Company (P) Ltd on February 1, following the formal bifurcation of the fund......

Mutual Fund Transactions Surge Online

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 ......

Stocks of asset management firms surge as regulatory uncertainty eases

Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won’t upset......

MFs ease exit load to attract investors

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 Asset Management

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