OTHER GROUP COMPANIES
market

Govt looking to list UTI MF

Govt is expected to give in-principle approval for UTI MF IPO soon

August 18, 2014 4:44 IST | India Infoline News Service
UTI Mutual Fund may revive its initial public offer (IPO) plan after Finance Ministry's approval which is expected soon, according to a media report.
However, no exact details have been provided about the launch of the IPO.
Government has stake in the UTI Mutual Fund through public sector banks and insurance companies. State Bank of India, Punjab National Bank, Bank of Baroda and LIC holding stake in UTI Mutual Fund on behalf of government of India.

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity