Shifting Dynamically - UTI Opportunities

As the name implies, the fund has accomplished what it stated it would do. And in the bargain, has made money for its investors. Launched in July 2005, it got off to a weak start. It delivered a meagre 11 per cent in 2006, underperforming both, its category and benchmark by huge margins. One of the reasons being the high allocation to mid cap stocks when it was large caps that rallied that year. Coupled with sector picks that went wrong, such as being overweight on Auto (BSE Auto was among the worst performing ind

This article was originally published on May 11, 2010.