According to market sources, UTI Mutual Fund will be the first to leverage NSE’s mutual fund platform, which would enable exchange’s members to use its existing infrastructure for transaction in MF schemes.
Initially, UTI will list its equity and debt schemes that are in about 30 numbers, people familiar with the matter said.
Along with UTI, “all top mutual fund houses are keen to join this platform,” he added.
Published 29 November 2009, 16:00 IST