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Outlook & Strategy

MF Weekly: UTI Mutual Fund is ready for the initial public offering

SMC , 24 Jul 2017
UTI Mutual Fund has submitted draft for scheme information document (SID) to the Securities and Exchange Board of India to launch UTI Equity Savings Fund- Series 1. The fund proposes to launch six series under the equity savings fund and the schemes will deploy 65-90% of its assets in equity securities and derivatives.
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