UTI Mutual Fund has introduced Aadhaar based e-KYC using biometric verification validated through UIDAI.

One of the main reasons for the spread of SIP culture is that the timing of investment through this route matches perfectly with the earnin...

The funds saw a monthly inflows of Rs 7,458 crore in June, according to the data from the Association of Mutual Funds in India (AMFI).

UTI Nifty Next 50 ETF will invest in securities which are constituents of Nifty Next 50 Index and in cash/money market instrument including...

After having joined the Rs 1 trillion club of fund houses, the Unit Trust of India Mutual Fund (UTI MF) is now looking to cross the mark of...

The pension fund managers under the National Pension Scheme have demanded that the fund management charges should be as high as 1 per cent ...

With an eye on the cash-rich Employees Provident Fund Organisation (EPFO), UTI Mutual Fund today launched two new open-ended exchange-trade...

Fund houses have invested in sectors like steel and textiles, where the domestic companies are competing with Chinese firms.

The assets base of country's mutual fund industry surged by around Rs 39,000 crore to jump over Rs 12 lakh crore during Apr-July quarter.

Prior to 2014-15, the equity MF sector had seen a continuous closure of folios since March 2009 after the global financial crisis hit the m...

The mutual fund industry may witness several mergers of schemes in coming weeks after the Budget proposed an exemption from capital gains t...

As capital markets regulator Sebi mulls stronger checks against upfront commissions paid by mutual fund houses, the industry appears to be ...

Mutual funds which follow the "value investment" philosophy comprise merely five per cent of total equity assets under management at presen...

With the markets on a clear revival mode and retail investors lapping up equity and equity-related instruments after a long hiatus.

Given the response to the UTI NFO, more AMCs may join the trend of close-ended funds, say market observers.

UTI MF managing director Leo Puri said, "The excellent mobilisation is a reflection of the continued trust reposed by the investors in UTI'...

UTI Mutual Fund targets to raise about Rs 500 crore from its new close ended equity fund product that will open for subscription on August ...