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UTI Mutual Fund News

Central Board of Trustees

27 May 2017

EPFO: CBT rejects proposal to reduce PF contribution to 10%

The Central Board of Trustees (CBT) of retirement fund body EPFO on Saturday turned down the proposal to reduce the mandatory contributions from workers and employers to 10 percent.

26 May 2017

EPFO Pune meet on May 27, agenda to up equity exposure to 15%

Retirement savings manager EPFO will take up the matter of stepping up its investment in the stock market to up to 15 percent at its next meeting in Pune on Saturday.

24 May 2017

Financial sector readies for IPO rush worth over Rs 20,000 crore

The IPO market is heading for a heavy rush with a number of high-profile names including UTI Mutual Fund and SBI Life expected to launch their initial public offers amounting to Rs 20,000 crore in coming months.

15 Apr 2017

UTI launches new plan for elderly

Country's sixth largest fund house UTI Mutual Fund is aiming to double its assets under management (AUM) for each of its two existing schemes through a new facility called UTI Family.

Union Labour Minister Bandaru Dattatreya

21 Aug 2016

EPFO investments in ETFs to be raised beyond 5%: Labour Minister

Union Labour Minister Bandaru Dattatreya today said that EPFO will raise proportion of its investments in exchange traded funds (ETFs) from the present 5 per cent and a final decision on the quantum for current fiscal would be taken very soon.

UTI Mutual Fund

03 Sep 2015

UTI Mutual Fund looking to cross Rs 1.1 trillion mark by fiscal-end

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 Rs 1.1 trillion by the fiscal-end.

UTI Mutual Fund

02 Aug 2015

UTI MF crosses Rs 1-trillion mark; eyes leadership slots

UTI Mutual Fund, the country's oldest fund house, has attained an asset base of over Rs one lakh crore with about one crore investor accounts and is now targetting leadership positions across various segments.

28 Jul 2015

UTI truly independent, IPO to strengthen this character: Puri

The country's oldest fund house, which manages assets worth over USD 15 billion, is planning to launch an Initial Public Offer (IPO) and would be the country's first asset management company to go public.

UTI Mutual Fund

14 Mar 2015

UTI mutual fund to raise $300 million in Dublin next month

UTI mutual fund has already raised USD 300 million through a similar fund.

UTI Mutual Fund

05 Sep 2014

UTI MF's focussed equity fund garners more than Rs 770 crore

UTI Mutual Fund on Friday said its 'Focussed Equity Fund - Series I' closed with an overwhelming response and garnered more than Rs 770 crore.

18 Aug 2014

FinMin to give in-principle approval for UTI MF IPO soon

Country oldest fund house UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's nod which is expected soon.

UTI Mutual Fund

04 Aug 2014

UTI Mutual Fund aims Rs 500 cr via new equity fund scheme

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 13.

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