Canara Robeco Mutual Fund acquired a new position of 13,01,814 shares, representing a 1.01% stake in UTI Asset Management Company Limited.
A pioneer in India's mutual fund industry, UTI Asset Management Company provides comprehensive investment management services and raises funds for UTI Mutual Fund schemes. Registered with SEBI under the Mutual Funds Regulations, the company specializes exclusively in asset management and related investment services. It offers diversified mutual fund products across various asset classes to cater to different investor needs and risk profiles.
Joint venture between Canara Bank and Robeco of Netherlands. Manages over Rs 1.5 lakh crore. Canara Robeco Equity Hybrid Fund and Canara Robeco Emerging Equities are among its best-regarded offerings with long consistent track records. Backed by the Canara Bank network for distribution across Tier 2 and Tier 3 India.