Archive for the 'News' Category

Lotus India AGILE Fund

The Lotus India AGILE Fund is India’s first ever Quant-based fund. This means that the stocks selected by the fund would be solely on the basis of a mathematical model.
The primary objective of this fund is to generate capital appreciation by investing in a passive portfolio of stocks selected from the industry leaders. The portfolio […]

UTI MF plans 20 pct pre-IPO placement

UTI Mutual Fund intends to sell 20 percent of its equity through private placements ahead of its planned initial public offering, the Economic Times reported on Monday, quoting the asset management company’s chairman, U.K. Sinha. No single investor would be offered more than 5 percent, Sinha told the newspaper.
“We plan to offload 20 percent through […]