UTI Asset Management Company Limited — Updates, 25-10-2024: Press Release

UTI Asset Management Company reported a consolidated net profit of ₹239 crore for Q2 FY2024-25, marking a 31% year-on-year increase. Total assets under management reached ₹20.16 lakh crore, with a quarterly average AUM of ₹3.42 lakh crore for UTI Mutual Fund. Key metrics include a 50.26% increase in SIP AUM and a 43.80% rise in total purchase transactions. The company emphasizes its strong market presence, with operations in 700 districts across India.