UTI Mutual Fund
About UTI Mutual Fund
About UTI Mutual Fund
Founded in
1963 (61 yrs old) Ownership
Private
India Employee count
1k-5k Global Employee count Suggest Headquarters Mumbai, India Office Locations Mumbai, India CEO Suggest Founders Suggest Type of Company Suggest Nature of Business Suggest Company Email ID Suggest Company Contact no. Suggest Social Media Presence Suggest Website
utimf.com
UTI Mutual Fund is one of the leading mutual fund investment companies in India. Invest in all types of mutual fund schemes online with UTI AMC today. We are the seventh largest asset management company in India in terms of mutual fund QAAUM as of September 30, 2019, according to CRISIL. With more than 11 million Live Folios as of September 30, 2019, our client base accounts for 12.8% of the approximately 86 million folios that, according to CRISIL, are managed by the Indian mutual fund industry. Our history and track record in the mutual fund industry, strong brand recognition, distribution reach, performance and client relationships provide a platform for future growth.
We are a professionally managed company led by our Board of Directors and a dedicated and experienced management team. For purposes of the SEBI Mutual Fund Regulations, our four sponsors are the State Bank of India (“SBI”), Life Insurance Corporation of India (“LIC”), Punjab National Bank (“PNB”) and Bank of Baroda (“BOB”) (collectively, the “Sponsors”), each of which has the Government of India as a majority shareholder. T. Rowe Price Group, Inc., a global asset management company, is our other major shareholder (through its subsidiary T. Rowe Price International Ltd. (“TRP”)).
We have a national footprint and offer our schemes through a diverse range of distribution channels. As of September 30, 2019, our distribution network includes 163 UTI Financial Centres (“UFCs”), 273 Business Development Associates (“BDAs”) and Chief Agents (“CAs”) (46 of whom operate Official Points of Acceptance (“OPAs”)) and 33 other OPAs, most of which are in each case located in B30 cities. Our IFAs channel includes approximately 51,000 Independent Financial Advisors (“IFAs”) as of September 30, 2019. Mission: As the market leader, we understand and act on the needs of our industry customers to recruit, train and deliver quality technicians. Our commitment to our industry customers drives us to provide our students with a superior education that equips them as graduates with a competitive advantage to secure rewarding careers in their chosen fields. We accomplish our mission through a results-driven culture that values our priorites of purpose, people and profit.
Primary Industry
i
Primary industry refers to the industry from which a company drives
its maximum revenue.
Financial Services
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