UTI Asset Management has launched a new open-ended equity scheme that will invest in a focused style. The UTI Focused Equity scheme will invest in a maximum 30 stocks across market-cap and sectors.
The new fund offer (NFO) period is from 4 August to 18 August 2021. Further subscriptions and redemptions will continue after the NFO period as well.
Focused equity schemes...
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HDFC Nifty 50 Equal Weight Index Scheme: Is It Worth It?
29 July 2021
HDFC Asset Management has launched a new passively-managed index scheme tracking the Nifty50 Equal Weight Index (EWI). The Nifty50 EWI scheme tracks the stocks in the Nifty50 index but gives equal allocation to every...