Overview

About UTI Asset Management Company Ltd.(UTI AMC)
  • 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.
Key Managerial Personnel

Senior Management

  • Imtaiyazur Rahman – Chief Executive Officer & Whole-time Director 
  • Surojit Saha – Chief Financial Officer
  • Arvind Patkar – Company Secretary
  • Amandeep Chopra - Group President & Head of Fixed Income
  • Vetri Subramaniam - Group President & Head of Equity
  • Indranil Choudhury - President & Head of Human Resource
  • Debashish Mohanty - President & Head of Retail & Investor Service Management
  • Davino Antony - Executive Vice President & Head of Product Cell
  • Gaurav Suri - Senior Executive Vice President & Head of Marketing
  • Rakesh Trikha - Senior Executive Vice President & Country Head of Banks & National Distributors
  • Sandeep Samsi - Executive Vice President, Executive Assistant to Managing Director & Head of Corporate Strategy & Communications
  • Siddhartha Dash - Executive Vice President & Country Head of Public Sector Undertaking Clients
  • Smita Vermani - Senior Executive Vice President & Country Head of Institutional Sales
  • Vinay Lakhotia - Head of Operations
  • Vivek Maheshwari - Senior Executive Vice President & Head of Risk & Compliance Officer
Our Vision

To be the most preferred Mutual Fund

Our Mission
  • The most trusted and admired brand for all stakeholders
  • The most efficient wealth manager with a global presence
  • Deliver best-in-class customer service
  • The most preferred employers
  • Create innovative products that maximize ROI
  • Socially responsible corporation that focus on well-being of all
Timeline

Unit Trust of India officially came in to being through a bill passed in parliament. The twin mandates of UTI was to mobilize retail savings and invest the same in the capital markets for small investors.

Also launched its first flagship scheme US-64 which was considered an essential investment for the Indian Middle Class.

First ever Unit Linked Insurance Plan (ULIP) launched

Launching of Children Gift Growth Fund and the pure-equity growth fund called Master share, India’s first Equity oriented scheme. Mutual Funds became the part of Indian Lexicon with Master share

India fund, the first offshore Indian fund targeted at NRI and PIOs is launched

Our Company was incorporated

UTI Mutual Fund was registered with SEBI under the SEBI Mutual Funds Regulations.


Approval for our Company to act as the asset management company to UTI Mutual Fund.

Acquisition of schemes of IL&FS mutual fund along with its AUM by UTI Mutual Fund.


Launch of Axel Portfolio Management Services

UTI International Singapore (Private) Limited was established as a joint venture

Our Subsidiary, UTI RSL, was incorporated with our Company as its sponsor.


UTI RSL was appointed as one of the pension fund managers by PFRDA.

Our Company was appointed as one of the two fund managers of the Postal Life Insurance corpus.


UTI Mutual Fund investor folios crossed 10 million.

Launch of our investor education initiative UTI Swatantra.


TRP became a Shareholder in our Company.

Incorporation of UTI Capital Private Limited

Launch of Alternate Investment Fund – UTI Structured Debt Opportunities Fund.

Launch of Digi-invest Campaign.

Our Company’s Mutual Fund Closing AUM was the highest on September 5, 2018 at Rs.1,766,463.2 million

UTI PMS appointed as one of the two Fund Managers of the EPFO corpus.

UTI Retirement Solutions Limited AUM crossed Rs. 1,000 billion.

Amongst all SEBI licensed AMCs and their subsidiaries in India, UTI AMC and its subsidiaries have the largest asset under management of Rs.7,674,657.90 million as of Sept 30, 2019 considering mutual funds (QAAUM), PMS (Month end AUM) and NPS (Month end AUM) assets. (as per CRISIL).

 

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