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UTI Mutual Fund launches UTI-Wealth Builder Fund-Series II

UTI Mutual Fund announces the launch of a unique scheme “UTI Wealth Builder Fund-Series II” which combines the benefits of both equity and gold. The New Fund Offer opens on October 21, 2008 and closes...

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Exchange Traded Funds

An exchange traded fund (ETF) is essentially an index fund that trades like a stock  and is listed on the exchange. Although popular abroad, it’s still a new concept in India. Currently, India has 16...

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Gold ETFs crossed the Rs 11,000 crore mark

The surge in asset size of gold funds has come at a time when the government is contemplating steps to encourage large flow of household savings into equity, mutual funds and other financial...

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