Why most large-cap funds gave negative returns over 1 year

  But they outperform benchmark indices Sensex and Nifty Indices have shown a downtick over a year; as a result, large-cap mutual funds are feeling the heat. Returns for two out of three......

UTI MF carrot for US-64 investors

With a view to attracting the nearly 2-3 million investors of US-64 and ARS bonds, UTI Mutual Fund has given them an option to invest in some of its best performing schemes. The move follows the......

Amfi assessing celebrity endorsement of schemes

The Association of Mutual Funds in India is preparing a report on promotional strategy for mutual fund products that include celebrity endorsement of schemes.This is to counter the growing......

UTI changes names of listed schemes

Unit Trust of India said following its bifurcation, two schemes listed on BSE - Mutual Fund (Subsidiary) Unit Scheme and Master Value Unit Plan - have gone to UTI 11. The names of the schemes have......