Company type | Public |
---|---|
Industry | Investment management |
Founded | 1963 |
Headquarters | Mumbai, Maharashtra, India |
Area served | India and 35 other countries |
Key people | Imtaiyazur Rahman (Managing Director & CEO) |
Products | |
AUM | ₹1,689,318 crore (US$200 billion) (July 2024)[1] |
Owner | Life Insurance Corporation of India (18.5%) Bank of Baroda (18.5%) Punjab National Bank (18.5%) State Bank of India (18.5) T. Rowe Price (23%) |
Number of employees | 1,422 (2024) |
Website | www |
The UTI Mutual Fund was carved out of the erstwhile Unit Trust of India (UTI) as a Securities and Exchange Board of India-registered mutual fund on 1 February 2003. UTI Mutual Fund was launched by the Government of India in 1963, and it is one of the oldest mutual fund companies in India.