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UTI AMC – Capitalising on the IPO frenzy

The MF needs to re-align its structure towards higher-yielding equity schemes  and cut its costs

September 29, 2020 / 02:14 PM IST
UTI AMC – Capitalising on the IPO frenzy

  For the mutual fund (MF) industry and the National Stock Exchange, it is a proud moment that the NIFTY Exchange Traded Fund (ETF) asset under management (AUM) has crossed the Rs 1 trillion crore mark. The low-cost passively managed fund has increasingly found investor interest, both from the retail as well as the institution segments. The MF industry is now poised for another landmark —  one of the most reputed names that has given many renowned fund managers to the...

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