UTI Mutual Fund has created segregated portfolio in UTI Credit Risk Fund and UTI Medium Term Fund
Jul 08 2020
News Category: AMC Specific Updates
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According to media reports, UTI Mutual Fund has segregated portfolio in respect of Zee Learn Limited in UTI Credit Risk Fund and UTI Medium Term Fund effective Jul 7, 2020 subject to approval from Board of Trustees, said the company press release. This follows the downgrade of debt instruments of Zee Learn Limited to ‘B’ i.e. ‘below investment grade’ by CARE Ratings.

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