Auto at cusp of a rebound makes logistics a good turnaround bet

October 18, 2022

UTI Transportation and Logistics Fund, the only actively managed fund in the space, is one of the best-performing equity schemes in the past year, gaining 11.2%, compared with the Nifty 50 which lost 3.4%. Eyeing the opportunity, new fund offerings (NFOs) of IDFC Transportation and Logistics Fund and ICICI Prudential Transportation and Logistics Fund have been launched. They will close on the 18th and 20th of October, respectively.

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