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UTI International Singapore launches UTI India Dynamic Equity Fund
Source: IRIS | 16 Jul, 2015, 01.16PM
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UTI International Singapore launched the India Dynamic Equity Fund (IDEF) on July 15, 2015. This fund is domiciled in Ireland and is compliant with the UCITS regulations. IDEF will be UTI's flagship equity fund for global investors to access India's buoyant equity market.

The fund is designed to mirror UTI's best performing equity strategy that has won many awards. The Investment strategy follows the Growth at a Reasonable Price approach. The focus is on industries with stable and secular growth prospects, high revenue and profit growth. The fund will be constructed with the combination of top-down and bottom up approach based on fundamental analysis, macro indicators and sector views.

UTI Asset Management Company, India's oldest asset manager is the investment advisor of the fund.

Praveen Jagwani, CEO of UTI International said, ''UTI was the first Indian asset manager to launch an Indian Equity fund in Mauritius in 1986 and now we are leading the charge again by launching this fund for our institutional investors in Europe, Middle East and South Asia.''

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