AMC Stocks: UTI AMC, HDFC AMC, and Nippon India shares get a boost after Zerodha files papers to launch mutual fund schemes
The share of UTI AMC was trading higher by 2.60 per cent, HDFC was up 1.26 per cent, while Nippon India moved up by 1.72 per cent in early trading hours on Tuesday. Zerodha said on Monday that it had submitted its papers to Sebi to launch its two mutual fund schemes: the Zerodha Tax Saver (ELSS) Nifty Large Midcap 250 Index Fund and the Zerodha Nifty Large Midcap 250 Index Fund (ZN250).
HDFC AMC last month announced an open-ended equity scheme - HDFC Technology Fund. Photo: HDFC AMC official website