UTI money market tops the MF scheme last week

By SiliconIndia   |   Monday, August 24, 2009
Print Print Email Email
Bangalore: In the week ended August 21, 2009, UTI Money Market - Retail topped the list of mutual fund schemes. The market value of UTI fund went up by 9909 percent with the net asset value (NAV) of Rs.2514.08, which is also a 52-week high value. Manish Joshi is the fund manager of this open ended fund, which has a market size of Rs.3034.93 crore as on July 31, 2009. Some of the key holdings of the fund are Oriental Bank of Commerce, ICICI Bank, Export-Import Bank of India and Axis Bank. The primary objective of the scheme is to provide highest possible current income, by investing in a diversified portfolio of short-term money market securities. According to mutualfundsindia.com, other funds which followed UTI Money Market - Retail in top list for the last week are Reliance Pharma Fund, which gained by 2.07 percent, Birla Sun Life Interval Income Fund Quarterly Plan - Series I by 1.47 percent and Sundaram BNP Paribas Select Small Cap Fund by 9.46 percent.
Write your comment now
Submit Reset
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit
SPOTLIGHT
Previous
Next