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 ......
Even after the split, UTI Mutual Fund continues to hold the largest market share of 14.47 per cent closely followed by ICICI Prudential, HDFC Standard Life and Templeton in the over Rs 1,00,000......
Unit Trust of India chairman M Damodaran is likely to head the new market value-based UTI Mutual Fund, promoted by LIC and three leading banks, after the new fund becomes operational from February......
UTI Mutual Fund has reclaimed its number one slot among mutual funds in the country in terms of total assets under management at the end of August, pushing ICICI Prudential Mutual Fund to the......
The State Bank of India said that it was open to buying out stakes of other sponsors in UTI Mutual Fund if the price was right and would then take a decision on whether to merge it with its present......