Owner: UTI Leadership Equity Fund URL:http://mutualfundsuti.blogspot.com/ Join Date: Tue, 29 Apr 2008 01:50:40 -0500 Rating:0 Site Description: UTI infrastructure Advantage Fund,. a 3 year close ended fund it focuses on investing in high growth infrastructure sectors such as Airports, Banking, Construction, Engineering, Energy, Mining, Ports and Power. Site statistics:Click here
120% dividend declared by UTI Index Select Fund 2008-04-28 05:40:00 UTI Mutual Fund has declared a dividend of 120% (Rs.12.00 per unit on face value of Rs.10) in UTI IndexSelect
Fund . Pursuant to the payment of dividend, the NAV of the dividend option of the scheme concerned would fall to the extent of payout and statutory levy if any.The record date for the dividend is January 14, 2008.All unitholders registered under the dividend option of UTI Index Select Fund as on January 14, 2008 will be eligible for this dividend. Also investors who join the dividend option of the scheme on or before the record date will be eligible for the dividend. (Check out - Recent MF Dividends).The scheme had declared a dividend of 100% (Rs.10.00 per unit on face value of Rs.10) during the financial year 2006-07.The NAV per unit as on January 9, 2008 was Rs.35.38 under the d
Grade assigned of 4 out of 5 by CRISIL to UTI IPO 2008-04-28 05:34:00 UTI IPO from the family of UTI Asset Management Companyhas been assigned Grade
4/5 to its IPO by Crisil. UTI AMC is planning to raise Rs 23-24 billion by this proposed offer for sale of 48,500,000 equity shares.I have to say this grading doesn’t mean anything , it depensds on the market mood .So let us see how it is when the IPO comes out.
UTI Mutual Fund opens financial centre at Sambalpur, Orissa 2008-04-28 05:21:00 UTI Mutual
Fund (UTI MF) has opened a new financial centre at Sambalpur, Orissa.D Mohanty, Country Head-Retail, UTI Asset Management Company, said, ``This is the second UFC in the state of Orissa after Bhubaneswar and the first in the western part of the state. This initiative will enable us to offer our comprehensive range of mutual fund products to a wider segment of the society and bring our products and services closer to the doorstep of investor in the western part of Orissa.`` UFC at Sambalpur will provide easy access to the investors in the areas of Sambalpur, Jharsuguda, Bargarh, Deogarh, Sundergarh, Boudh, Bolangir, Sonepur, Kalahandi and Nuapada. UTI Mutual Fund reaches clients through a number of distribution channels, including retail distribution consisting of regional offices
UTI Mutual Fund opens financial centre at Sambalpur, Orissa 2008-04-28 05:19:00 UTI Mutual
Fund (UTI MF) has opened a new financial centre at Sambalpur, Orissa.D Mohanty, Country Head-Retail, UTI Asset Management Company, said, ``This is the second UFC in the state of Orissa after Bhubaneswar and the first in the western part of the state. This initiative will enable us to offer our comprehensive range of mutual fund products to a wider segment of the society and bring our products and services closer to the doorstep of investor in the western part of Orissa.`` UFC at Sambalpur will provide easy access to the investors in the areas of Sambalpur, Jharsuguda, Bargarh, Deogarh, Sundergarh, Boudh, Bolangir, Sonepur, Kalahandi and Nuapada. UTI Mutual Fund reaches clients through a number of distribution channels, including retail distribution consisting of regional offices
UTI Mutual Fund looks to offer India investment fund in other Asian markets 2008-04-28 05:07:00 UTI would like to offer its open-ended Shinsei-UTI India
Fund, which so far has already attracted over $300 million from investors, in other markets as well. This fund enables investment
s in stocks listed on Indian exchanges.UTI Mutual
Fund is planning to expand business operations into other markets, utilizing its tie up with Shinsei Bank for the purpose. According to fund officials, they would like to draw on Shinsei''s influence in other markets in Asia.The two partners had announced the tie-up last year, under which Shinsei was to distribute India-specific investment products, managed and advised by UTI, to Japanese investors. The fund''s investment objective is to grow the assets with a medium- and long-term perspective.Shinsei, which offers institutional and retail banking as well as Read more:Asian
India Lifestyle Fund from UTI Mutual Funds 2008-04-26 01:37:00 UTI Mutual
Fund has launched a new scheme called UTI-India
Lifestyle Fund. The three-year close-ended equity oriented fund will invest the corpus in equity and equity related instruments of corporates that are expected to benefit from changing Indian demographics, lifestyle and rising consumption pattern. The new fund opened on 2 July, 2007 and closes on 25 July, 2007. The fund does not have either an entry or exit load. In case an investor exits during the first three years an early exit charge equivalent to the unamortised new Read more:Funds
UTI MF targets small investors, villages for big leap 2008-04-09 03:45:00 Mumbai: Mutual funds major, UTI MF, plans a massive rural thrust and to tap small investors by cashing in on its extensive network to take on competitors and boosting its business."Our strategy is to tap Tier II and Tier III towns and small villages where we believe there is a tremendous potential for mutual funds to perform well. Our strategies are being geared up for this thrust," said, UTI MF Chairman and Managing Director U K Sinha.The mutual funds industry is yet to mature in terms of reaching out to small investors in the smaller towns and villages. UTI MF plans to do just this, which, it hopes, will not only augment its customer base but also help enhance its business."It will be a long battle, but we have the network to win this battle," he said.UTI MF has, in recent times, slipped Read more:targets
Top INDIAN Mutual Fund : UTI Mutual Fund 2008-04-09 03:30:00 The setting up of the Unit Trust of India (UTI) in 1963 heralded the birth of the Indian mutual fund industry. In 1964, UTI mutual fund launched its flagship scheme US-64 and went on to become a generic term for the mutual fund sector till the government allowed public sector banks to start mutual funds in 1987. Despite being the trendsetter in the segment, the UTI mutual fund could not sustain the initial tempo and was on the verge of a collapse in 2001, before the government bailed it out and restructured the fund. After the restructuring, the fund has somewhat redeemed its credibility through professional management and a booming market. The fund's sponsors are public sector financial giants Read more:Mutual
UTI Mutual Fund :Mutual Funds in India 2008-04-09 03:23:00 UTI, One of the largest in Mutual
fund industry with financial centers spanning across the length and the breath of the country.UTI Mutual Fund came into existence on 1st February 2003. Bank of Baroda (BOB), Punjab National Bank (PNB) and State Bank of India
(SBI) and Life Insurance Corporation of India (LIC) are the sponsors of the UTI Mutual Fund. UTI Mutual Fund is managed by UTI Asset Management Company Private Limited (AMC). UTI AMC is a registered portfolio manager under the SEBI (Portfolio Managers) Regulations, 1993 for undertaking portfolio management services and also acts as the manager and marketer to offshore funds.UTI Mutual Fund has a nationwide network consisting 70 UTI Financial Centers (UFCs) and UTI International offices in London, Dubai and Bahrain. The fund has a tr Read more:Funds
, Mutual Funds
UTI MUTUAL FUND 2008-05-15 05:59:00 The setting up of the Unit Trust of India (UTI) in 1963 heralded the birth of the Indian mutual fund industry. In 1964, UTI mutual fund launched its flagship scheme US-64 and went on to become a generic term for the mutual fund sector till the government allowed public sector banks to start mutual funds in 1987. Despite being the trendsetter in the segment, the UTI mutual fund could not sustain th
Recommend Site To A Friend
