https://en.bharatpedia.org/w/index.php?action=history&feed=atom&title=UTI_Asset_ManagementUTI Asset Management - Revision history2026-10-20T12:15:55ZRevision history for this page on the wikiMediaWiki 1.43.6https://en.bharatpedia.org/w/index.php?title=UTI_Asset_Management&diff=148488&oldid=previmported>Titodutta: /* top */ +ref2021-07-09T22:05:18Z<p><span class="autocomment">top: </span> +ref</p>
<p><b>New page</b></p><div>{{COI|date=October 2017}}<br />
{{EngvarB|date=February 2017}}<br />
{{Use dmy dates|date=February 2017}}<br />
{{Infobox company<br />
| name = UTI Mutual Fund<br />
| logo = [[File:Unit Trust of India logo.png|150px|Logo of Unit Trust of India]]<br />
| former_name = Unit Trust of India<br />
| type = Public company<br />
| foundation = Unit Trust of India Act 1963, UTI Repeal Act 2002.<br />
| location = [[Mumbai]], [[Maharashtra]], India<br />
| key_people = Imtaiyazur Rahman<br>{{small|([[Director (business)|Director]] & [[Chief Executive Officer|CEO]])}}<br />
| owner = {{Unbulleted_list|[[Life Insurance Corporation of India]]|[[Bank of Baroda]]|[[Punjab National Bank]]|[[State Bank of India]]|[[T. Rowe Price]]}}<br />
| industry = [[Mutual fund]]<br />
| subsid = {{Unbulleted_list|UTI Asset Management Company|UTI International Limited|UTI Ventures|UTI Retirement Solutions|UTI Capital}}<br />
| services = {{Bulleted_list|Portfolio Management Services|Mutual Funds|National Pension Scheme|Offshore Funds}}<br />
| products = {{Bulleted_list|[[Mutual Funds]]|[[National Pension System]]|[[Private Equity]]|[[Private Debt]]}}<br />
| parent = <br />
| assets = <br />
| area_served = {{Bulleted_list|[[India]]|[[Dubai]]|[[London]]|[[Singapore]]}}<br />
| operating_income = <br />
| net_income = <br />
| equity = <br />
| num_employees = 1,365+ (2019)<br />
| homepage = {{URL|http://www.utimf.com}}<br />
}}<br />
'''UTI Mutual Fund''' was carved out of the erstwhile '''Unit Trust of India''' (UTI) as a [[Securities and Exchange Board of India]] (SEBI) registered [[mutual fund]] from 1 February 2003.<ref name="Das">{{cite book|author=Subhamoy Das|title=Perspectives on Financial Services|url=https://books.google.com/books?id=6UlEgDg5eSEC&pg=PA8|publisher=Allied Publishers|isbn=978-81-8424-409-0|pages=8–}}</ref> The Unit Trust of India Act 1963 was repealed, paving way for the bifurcation of UTI into: Specified Undertaking of Unit Trust of India (SUUTI) and UTI Mutual Fund (UTIMF).<br />
<br />
[[T Rowe Price Group Inc]] (TRP Group), through its wholly owned subsidiary T. Rowe Price Global Investment Services Ltd. (TRP), has acquired a 26% stake in UTI Asset Management Company Limited (UTI AMC).<br />
<br />
UTI Mutual Fund is the oldest and one of the largest mutual funds in India with over 10 million investor accounts under its 230 domestic schemes/plans as of September 2017.<br />
<br />
UTI Mutual Fund has a nationwide distribution network, which is spread across the length and breadth of the country. Its distribution network comprises over 48000 AMFI/NISM certified Independent Financial Advisors and 174 Financial Centers.<ref>{{Cite web|url=https://www.amfiindia.com/amc-branches|title=Amc Branches {{!}} Mutual Funds in India {{!}} Investment Plans|website=www.amfiindia.com|language=en|access-date=2018-08-21}}</ref><br />
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UTI Mutual Fund has been the pioneer for launching various schemes viz'''.''' UTI Unit Linked Insurance Plan (ULIP) with life and accident cover (Launched in 1971), UTI Mastershare (Launched in 1986), India's first Offshore Fund – India fund (Launched in 1986), UTI Wealth Builder Fund, the first of its kind in the Indian mutual fund industry combining different asset classes i.e. equity and gold which are lowly correlated.<br />
<br />
== See also ==<br />
<br />
* [[Mutual funds in India]]<br />
<br />
==References==<br />
{{reflist}}<br />
<br />
==External links==<br />
*[https://www.utimf.com Official Website]<br />
*[https://utifunds.com.sg/ International Website]<br />
*[https://www.amfiindia.com/research-information/mf-history History of Mutual Funds in India]<br />
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{{Investment management}}<br />
{{authority control}}<br />
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{{DEFAULTSORT:Unit Trust Of India}}<br />
[[Category:Mutual funds of India]]<br />
[[Category:Government-owned companies of India]]<br />
[[Category:Financial services companies based in Mumbai]]<br />
[[Category:Financial services companies established in 1963]]<br />
[[Category:1963 establishments in Maharashtra]]</div>imported>Titodutta