UTI Asset Management Company Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
29-10-2024 · 05:31 pm
UTI Asset Management Company reported robust growth in Q2 and H1 FY25, with consolidated net profit rising 31% year-on-year to ₹239 crore. Assets under management (AUM) surged to ₹20.16 lakh crore, up 28% compared to the previous year. Significant growth in SIPs contributed to the mutual fund industry's expansion, with a steady increase in monthly inflows. The company also emphasized its focus on innovative product offerings and enhanced distribution strategies to drive future growth.
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