UTI Equity Savings Fund : 3 Major Benefits in One Investment · UTI Mutual Fund (UTI) launches a new open ended scheme – “UTI Equity Savings Fund” which aims to leverage growth from equity and balance out risk by investing in arbitrage and debt instruments. · The New Fund Offer opens on August 10, 2018 and will close on August 24, 2018. · Mr. V Srivatsa is the