UTI Mutual Fund has launched UTI Power of Three. It is an exercise where an investor can choose to invest a lumpsum or through a SIP in more than one scheme, using a single application form.
The three funds which the UTI Power of Three is focusing are: UTI Mastershare Fund which is an open-ended equity scheme, majorly investing in largecap stocks. UTI Equity Fund is an open-ended equity scheme investing across largecap, midcap and smallcap stocks. UTI Value Opportunities Fund is an open-ended equity scheme following a value investment strategy.
Furthermore, UTI Power of Three is an exercise where the motive is on building one’s core equity portfolio, employing 3 distinct investment styles.
Read EquityPandit’s Technical Analysis of Indian Stock Market