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UTI Asset Management
Company Ltd. (UTI AMC)
was incorporated on November 14, 2002, and commenced operations from February 1, 2003. UTI AMC has been promoted by four sponsors, namely, State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank and each of them hold 25% of the paid-up capital of UTI AMC. UTI AMC was converted from a private limited company to a limited company with effect from November 14, 2007.
On January 20, 2010, T. Rowe Price Group Inc. through its wholly owned subsidiary T. Rowe Price Global Investment Services Ltd. U.K.(TRP) acquired 26% stake in UTIAMC after obtaining all the requisite approvals from the Government of India, SEBI and the RBI. Directors representing TRP have been inducted on UTIAMC board. This ensures an effective amalgam of global technological expertise and the long experience with Indian capital markets.
UTI AMC is one of the largest asset managers in the country with a total Group Asset Under Management of INR 21.05 lakh crore and the investment manager to UTI Mutual Fund schemes, managing Quarterly Average AUM of INR 3.39 lakh crore with more than 13.3 million live folios as of March 31, 2025. The company also manages the portfolios of domestic and offshore funds and offers discretionary, non-discretionary services to high-net-worth corporates, and institutions; and offers retirement solutions and private equity funds in India and 40+ countries through the principal and subsidiary business entities. It has a nationwide network comprising 250+ UTI Financial Centres and more than 169 District Associates as of March 2025. 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.
It is the holding company for UTI HART Financial and Investment Services Limited (previously known as UTI Venture Funds Management Company) which manages venture funds, UTI International Ltd (consolidated) which markets offshore funds to overseas investors. Another subsidiary is UTI Pension Fund Limited (Formerly known as UTI Retirement Solutions Limited) which acts as the fund manager to pension fund schemes and provide AIF services through UTI Alternatives Pvt. Ltd. (Formerly Known as UTI Capital Private Limited).
UTI AMC is a SEBI registered Portfolio Manager
bearing registration number PM / INP000000860 and offers discretionary, non-discretionary and advisory services to high-net-worth clients, corporates and institutions since the inception in 2004.
Effective from October 2021, UTI AMC- PMS Division is mainly focussing on institutional clients and currently managing the portfolios of domestic institutions. UTIAMC is appointed as the portfolio manager by the Government of India for the funds of Postal Life Insurance, Employees Provident Fund (EPFO) and Coal Mine Provident Fund (CMPFO) which are predominantly debt-oriented funds.
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Disclosure Document
