The Business Bytes
TBB BUREAU
BHUBANESWAR, SEPT 26, 2023
UTI Asset Management Company (UTI AMC) has announced a significant expansion in its distribution reach with the launch of 29 new financial centers which will be inaugurated on Friday. This strategic move reflects UTI AMC’s commitment to providing better financial services and accessibility to investors, further strengthening its presence in the financial industry across India.
As part of the expansion plan, UTI Mutual Fund (UTI MF) will open new UTI Financial Centres (UFCs) at Angul and Puri in Odisha.
“We are constantly stepping up our network across the country with an aim to be closer to our investors and provide our comprehensive offerings seamlessly. There is immense growth potential in upcoming non-metro cities where people are willing to invest. We endeavour to develop their understanding on mutual fund investments and provide better accessibility to our products in these cities,” said Imtaiyazur Rahman, MD and CEO, UTI MF.
“The expansion of our financial centres with these 29 new offices aligns with our vision to simplify financial services and make them accessible to everyone,” he added.
