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UTI MF plans to introduce products in international market

UTI MF is looking for options to launch diversified products across various geographies by the end of September due to turbulent markets and rescheduling of public offer.

01 Sep 2008

UTI MF is looking for options to launch diversified products across various geographies by the end of September due to turbulent markets and rescheduling of public offer.

UTI MF would introduce products in the domestic product by the end of September modalities of which are being finalized.

Currently, individual investors are permitted to invest around USD 200,000 in a year abroad and such investors want to diversify across diverse geographies which will benefit them.

The company is also working on launching socially responsible products. It is expected to incorporate products based on religious beliefs as the market currently has appetite for such funds.



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