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UTI Balanced Advantage Fund: UTI Mutual Fund launches UTI Balanced Advantage Fund
The portfolio of the scheme will be dynamically managed, based on valuation and fundamentals driven by in-house proprietary asset allocation model.
Source: indiatimes.com
UTI Mutual Fund launches 'UTI Long Duration Fund'
UTI Mutual Fund (UTI) launches 'UTI Long Duration Fund', an open-ended debt scheme investing in debt and money market instruments such that the portfolio Macaulay Duration is above 7 years, the company said via an exchnage filing. The scheme will have a relatively high interest rate risk and relatively low credit risk. The NFO starts on March 6, 2023 and closes on March 15, 2023.
Source: freepressjournal.in