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 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.

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 to raise $300 million in Dublin next month

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

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.

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 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.

Leo Puri takes charge of UTI Mutual Fund

His appointment was cleared by the company's board on July 3 this year.

After 28 months, UTI finally gets MD in Leo Puri

Leo Puri on Wednesday became the first non-IAS officer to lead UTI Mutual Fund, which has been headless since February 2011 after then chief U K Sinha moved out to head SEBI.

'Fiscal deficit, legislative push to reforms to drive mkt'

Fiscal deficit and legislative approvals to the recent reform measures announced by the government will be the key factors to drive the future movement of the market, a top official of UTI Mutual Fund said here Monday.

UTI MF decides on fresh search for full-time chief

UTI Asset Management Company, which runs one of the leading mutual funds of the country, has decided to begin a fresh search process for its full-time chief -- a position lying vacant for over 20 months now.

UTI CMO Jaideep Bhattacharya resigns

Amid declining market share and uncertainty over appointment of a full-time Chairman, UTI Mutual Fund's Chief Marketing Officer Jaideep Bhattacharya has quit the fund house.

UTI Opportunities Fund declares tax-free dividend of 9%

UTI Mutual Fund on Tuesday declared tax-free dividend of 9 percent for its scheme UTI Opportunities Fund.

UTI Mutual Fund appoints I Rahman as acting CEO

Country's oldest asset management company UTI Mutual Fund today appointed Imtaiyazur Rahman as the acting CEO since the board is yet to find a suitable replacement for its former Chairman and Managing Director U K Sinha, who quit in February last year.

UTI MF ties up with Canara Bank Securities

UTI Mutual Fund on Monday said it has tied up with Canara Bank Securities' for distribution of its schemes.

UTI MF customers can now purchase units using debit cards

UTI Mutual Fund on Monday said it has partnered with online payment gateway Visa Cards to enable its customers to purchase MF units using debit cards.