As the name suggests, these funds take a contrarian view on equities.The fund manager picks underperforming stocks or sectors, which are likely to perform well in the long run, at cheap valuations.......
UTI Asset Management Company plans to acquire an IT company to provide services as a registrar and transfer agency. D S R Murthy, executive director, UTI AMC, said the company was analysing various......
When equity markets are on the move, investors are quite happy to join the bandwagon. In fact, in boom times, we seldom discuss the strategy being used by our fund manager because all that matters......
Contra funds have a new peer to content with - UTI Contra Fund. The fund launched last month mopped up more than Rs 1,000 crore (Rs 10 billion) making it the largest contra fund till date. Where......
If sector funds sound suave, tax-saving funds functional and mid-caps trendy, then diversified equity funds can be dubbed as 'Plain Jane'. Sure, they are not as boring as index funds but neither......