Market All you need to know about mutual funds last week Updated : December 23, 2019 03:16 PM IST The choice of index funds available to Indian investors is set to increase. UTI Asset Management Company has filed for an IPO as its investors look to sell up to 3.9 crore shares or 30.75 percent stake in the nation’s seventh-largest mutual fund. A report found that long term returns from Equity Fund, Debt Funds and Hybrid Funds were higher than investor returns in respective categories. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.