UTI plans to augment Rs 1,000-cr from Private Debt Fund

UTI Asset Management Company (UTI AMC) is looking at mopping up Rs 1,000 crore from the just launched Private Debt Fund within the first year itself.

The fund house is looking at financing corporates who need short term capital, with the newly floated fund.

"We are looking at mopping up around Rs 1,000 crore within the first year of Private Debt Fund," UTI AMC managing director Leo Puri told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)