What is UTi Transportation and logistics Fund? The investment objective of the fund is that ” The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of
What is UTi Transportation and logistics Fund?
The investment objective of the fund is that ” The scheme seeks to generate long term capital appreciation by investing predominantly in equity and equity related securities of companies engaged in the transportation and logistics sector. ” 2. It is benchmarked against UTI Transportation & Logistics Index.
Who bought UTi logistics?
The DSV Group
The DSV Group (“DSV”) today signed an agreement to acquire US based UTi Worldwide Inc. (”UTi”). UTi is a global, supply chain services and logistics company with revenue of USD 3.9 billion and 21,000 employees in 58 countries. The combined company will be one of the world’s strongest transport and logistics networks.
Who owns DSV Panalpina?
On 1 April 2019, an acquisition agreement with Swiss Panalpina was announced valued at CHF 4.6 billion (€ 4.1 billion). On 19 August 2019, DSV announced that the acquisition of Panalpina was completed.
When did DSV buy UTi?
Jan. 22, 2016
COPENHAGEN, Denmark, Jan. 22, 2016 (GLOBE NEWSWIRE) — We are delighted to announce that DSV’s acquisition of UTi Worldwide Inc. has now been completed with the approval of UTi shareholders and competition authorities. “We are proud to welcome customers and employees of UTi to DSV.
What is UTI Mastershare?
UTI Mastershare Direct-Growth is a Large Cap mutual fund scheme from UTI Mutual Fund. This fund has been in existence for 8 yrs 9 m, having been launched on 01/01/2013. UTI Mastershare Direct-Growth has ₹9,293 Crores worth of assets under management (AUM) as on 30/06/2021 and is medium-sized fund of its category.
What is UTI Floater Fund?
UTI Floater Fund is an open ended debt scheme which predominantly invests in high quality fixed rated instruments and uses Interest Rate Swaps like OIS (Overnight Index Swap), G-Sec Floater, FRBs (Floating Rate Bonds) by corporates to construct a floating rate fund.
Is Panalpina a DSV?
Panalpina and DSV have joined forces Since Monday 2 March, the panalpina.com website is redirecting to dsv.com. Your account manager or freight forwarder will advise you of any changes to booking and tracking systems in plenty of time before they take place.
What is mastershare?
About UTI Mastershare Unit Scheme UTI Marketshare Units Scheme, an equity scheme, invests predominantly in large market capitalisation following the Growth at Reasonable Price (GARP) investment style. It avoids investments in sector and stock concentration.
What is Axis Ultra Short Term Fund?
The investment objective of the Scheme is to generate regular income and capital appreciation by investing in a portfolio of short term debt and money market instruments with relatively lower interest rate risk such that Macaulay duration of the portfolio is between 3 months and 6 months.