Uti Asset Management

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UTI Asset Management Co plans IPO

UTI Asset Management Company is planning to come out with an initial public offer by selling 60 per cent of its holding to the public, its chairman M Damodaran said in Kolkata on Monday.Damodaran......

Damodaran to head asset management firm of UTI

Unit Trust of India Chairman M Damodaran will take over as the chairman and managing director of UTI Asset Management Company (P) Ltd on February 1, following the formal bifurcation of the fund......

Stocks of asset management firms surge as regulatory uncertainty eases

Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won’t upset......

UTI assets may be warehoused

The finance ministry is considering transferring the assets of the Specified Undertaking of the Unit Trust of India (SUUTI), estimated at over Rs 15,000 crore (Rs 150 billion), to another bank or......

Sebi cracks down on new funds, asset managers chafe

When Franklin Templeton's India unit wanted to launch a mutual fund that would switch allocation among stocks, bonds, gold and money markets, the Securities and Exchange Board of India baulked,......

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Uti Asset Management

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