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Uti Amc

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Controversy brews over who will head UTI AMC

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......

Robust equity inflows to keep earnings growth strong for AMCs

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 AMC may finally list on the bourses

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......

AMCs look strong but high valuations risk sharper fall in downturns

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 new UTI AMC chairman

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......

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