UTI Asset Management

UTI Mutual Fund
Company typePublic
IndustryInvestment management
Founded1963; 61 years ago (1963)
HeadquartersMumbai, Maharashtra, India
Area served
India and 35 other countries
Key people
Imtaiyazur Rahman
(Managing Director & CEO)
Products
AUMIncrease 1,689,318 crore (US$200 billion) (July 2024)[1]
OwnerLife 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)
Websitewww.utimf.com

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.

  1. ^ "UTI AMC Q2FY24 earnings: Net profit drops 9% to ₹183 crore; AUM up 16.89%". www.livemint.com. 16 July 2024.