Mutual Fund

Chennai, Nov 19: UTI Mutual Fund has announced the launch of a new scheme, UTI Infrastructure Advantage Fund-Series I. The new fund offer (NFO) opened on November 12, 2007, and closes on December 19, 2007. Units can be purchased only during the NFO period.

MUMBAI, Nov 19 - Lotus India Asset Management Co Pvt Ltd said on Monday it has launched a 10-year tax planning equity fund that will use quant strategies to pick stocks.