While CAMS listed at a premium of over 20 per cent, UTI AMC listed at a discount to its issue price
The unblocking of funds from ASBA Account will start on October 8 and the shares will be credited to the account of eligible investors by October 9.
In this edition of Ideas For Profit, Moneycontrol's Sakshi Batra discusses whether net outflows in the equity funds make UTI AMC IPO a dull bet or the enduring growth in the mutual fund industry makes it a worthy one
The MF needs to re-align its structure towards higher-yielding equity schemes and cut its costs