UTI Asset Management Company has reported a 17% increase in its June quarter net profit at ₹274 crore against ₹234 crore, reported year-ago same period.

UTI AMC Q1 Results: Net profit up 17% to ₹274 cr

UTI Asset Management Company on Thursday reported a nine per cent growth in profit after tax (PAT) to Rs 254 crore in the three months ended June 30, 2024.

UTI AMC Q1 result: PAT rises 9% to Rs 254 cr, total revenue from ops up 13%

UTI Asset Management Company reports 17% profit increase, with AUM rising to Rs 19.36 lakh crore.

UTI AMC net up 17 pc to ₹274 cr in June quarter

UTI Asset Management Company consolidated net profit rises 8.43% in the June 2024 quarter

Finance Minister Nirmala Sitharaman announced effective tax adjustments from July 23, 2024: short-term gains at 20%, long-term at 12.5%. Impacted assets include mutual funds and FoFs. TDS on mutual fund repurchase removed, affecting stocks like HDFC, Nippon, and UTI AMC. New guidance suggests Barbell Strategy, buy-on-dip market. Adjusted holding periods for specified mutual funds and global bond inclusion.

Union Budget 2024: How has tax structure for mutual funds changed?

Zee Entertainment Enterprises Ltd, UTI Asset Management Company Ltd, Trent Ltd and CG Power & Industrial Solutions Ltd are among the other losers in the BSE’s ‘A’ group today, 18 July 2024.

Bharat Bijlee Ltd leads losers in ‘A’ group

UTI Asset Management Company allots 80,605 equity shares under ESOS

Are passive funds gaining traction in India like they are in developed markets? In this episode, we chat with Sharwan Goyal, Fund Manager and Head of Passive, Arbitrage, and Quant Strategies at UTI AMC. He shares his expert insights on this trend and helps investors understand how to choose between ETFs and Index funds. Sharwan addresses the common concern of liquidity in ETFs and discusses how the industry can tackle this issue. He also highlights exciting emerging opportunities within passive funds and explains what UTI AMC is doing to popularize passive funds among distributors and investors. Join us for an easy-to-follow discussion on the future of passive investing in India.

Rise of passive trends with UTI AMC's Sharwan Goyal

On this episode of Mint Money Talks, we speak to UTI AMC's Sharwan Goyal who explains the concept of passive funds, why they're equally important and also what's the biggest conception about them. He also shares some advice for new investors, on how to choose between ETFs and index funds and explains based on the market outlook why investors must always keep an eye on long-term goals. Watch!
#mutualfunds #investingtips #investment 

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Why Investors Must Keep Eye On Long-Term Goals Ft. UTI AMC's Sharwan Goyal

Market share improvement key for re-rating

UTI AMC Q4 Results Review - Cost, Subsidiary Outperformance Are Available Earnings Levers: ICICI Securities

Karthikraj lakshmanan, Senior VP and Fund manager, UTI AMC, provides insights on the market ahead of the budget, anticipating volatility. He favors private banks over PSUs due to their growth potential. Regarding FMCG, he acknowledges well-managed companies but expresses caution on high valuations. In healthcare, he prefers domestic companies and those focusing on complex generics for better pricing power. Overall, he emphasizes a longer-term outlook amid current market conditions.

#marketoutlook #budgetanalysis #privatebanks #fmcg #healthcare #utiamc #investmentinsights #marketvolatility #economicgrowth #financialmarkets #investmentstrategies #markettrends #fundmanagerinterview #longtermoutlook #equitymarket
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Karthikraj Lakshmanan Unveils Winning Investment Strategies For Economic Growth | Stock Market

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

UTI Asset Management Company Ltd is an India based portfolio manager. UTI AMC is the holding company for UTI Venture Funds Management Company, which manages venture funds and UTIInternational Ltd, which markets offshore funds to overseas investors. 