In this season of controversies, a new one is brewing with the largest stakeholder in the UTI (Unit Trust of India) Asset Management Company threatening to pull out alleging that the Union ministry......
The mutual fund industry’s QAAUM (Quarterly Average Assets Under Management) was up 37 per cent year-on-year (Y-o-Y) (9 per cent Q-o-Q) to hit Rs 59 trillion (end Q1FY25). Illustration:......
UTI’s legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium. Illustration: Uttam......
Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......
R H Patil was on Thursday appointed chairman of UTI Asset Management Company, the country's largest mutual fund.A former CEO of National Stock Exchange, Patil succeeds M Damodaran as UTI AMC......