UTI Asset Management Company Limited — Updates, 20-01-2025: Press Release

UTI Asset Management Company (UTI AMC) has opened 33 new UTI Financial Centres (UFCs), increasing its total network to 256 across India. This expansion is part of the company's strategy to enhance distribution channels and improve investor access. The newly established centres are primarily located in Northern and Western India, covering areas in Himachal Pradesh, Haryana, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Maharashtra, and Gujarat.

MD and CEO Imtaiyazur Rahman emphasized the commitment to bringing a full range of offerings closer to customers in these regions, noting the remarkable growth of individual investors, especially from smaller cities. This initiative aligns with UTI AMC's long-term vision of making mutual fund investments more accessible and fostering an inclusive investment culture. The company continues to strengthen its distribution network through Financial Centres, Business Development Associates, and partnerships with banks, indicating a positive outlook for increased investor engagement and market presence.