UTI Mutual Fund
UTI AMC is country’s one of the most trusted Wealth creators and is well known to care for the interest of its investors in its heart. UTI AMC has been India’s leading Financial service institution for almost 50 years and it was a primary vehicle of Indian Citizens for investing in capital market until the early 90’s. The institution has shown incredible versatility and has developed from quality to quality beating economic changes and volatilities and worldwide turnarounds.
UTI AMC has contributed significantly to the development of the industrial and capital sector of the Indian markets. It has spearheaded the transformative ingenuities such as rural outreach programs, developmental financial institutions, and financial products and services.
UTI AMC manages assets across different businesses, which include Portfolio Management Services, domestic mutual fund, Retirement Solutions, International business, Alternative Investment assets, and Venture Funds.
Today, UTI AMC is a popular household name in the country and has a broad ranging portfolio to cater the varied and demanding requirements of investors supported by shareholder values, long-term vision, and industry-led best practices. With nearly 150 branches, over 1 crore investor accounts, and more than 47,000 highly trained IFAs, 320 Chief Agents and Business Development Associates, UTI AMC is arguably one of the premiere AMCs with a presence across pan India. The company is committed to continue its legacy of providing best in class services with an emphasis on social responsibility and nation-building.
|Date of setup||February 01, 2003|
|Address||UTI Towers, Gn Block, Bandra Kurla Complex, Bandra (East) Mumbai 400051|
|Tel||022 - 66786666|
|Fax||022 - 66786503/66786578|
Why Choose UTI Mutual Fund?
Investment safety: Investors trust UTI Mutual Fund because of its strong advisory competencies, which works diligently to ensure the AMC’s stellar track record in protecting investors’ interests.
Tax benefits: Many of the AMC’s schemes are geared to provide dual benefits – long term wealth accumulation as well as periodic savings on taxes, with its tax saving funds such as the UTI Equity Tax Savings Plan.
Ease of access: Investors can track and access their mutual fund account anytime and anywhere online. Investors can carry out a range of transactions like top ups, redemptions, account statements, or SIP form the web portal.
Retirement planning: UTI schemes are designed to provide adequate corpus to investors who have invested their hard earned money in the AMC’s long term fund schemes. It helps them in mapping out retirement plans via strategically designed schemes like UTI - Retirement Benefit Pension Fund.
Types of Funds Offered
Equity Fund: Equity funds by UTI MF are a great long term wealth building investment tactic. They invest in shares of a company and become minor stakeholders via stock exchange trading. The company’s performance directly impacts the fund’s NAV and the value it provides to the investors. Though there is daily price fluctuations, it averages out to better yields over the long-term period. UTI Equity Fund and UTI MNC Fund are some of the equity funds that are popular.
Debt Fund: Debt funds by UTI Mutual Fund invest in money markets and offer a lower yet definite returns to investors. They are held for a shorter term and can be more liquid than the equity funds. The AMC offers schemes like UIT Ultra short Term Fund and UTI Money Market Funds as some of the key funds in this particular segment.
Specialty Fund: UTI also offers specialty funds that are geared for specific lifestyle objectives. They may vary from tax saving to wealth accumulation. They may include Children’s Career Planning (60:40 allocation of equity:debt) and wealth builder fund (with 80% focus on large cap equity funds)
Hybrid Funds: Investors who want a balance of aggressive capital appreciation and protection from high risks, can opt for UTI’s hybrid MF schemes. Investors get to balance the aggressive stance of the portfolio with lower risk profile of debt assets. UTI Hybrid Equity and UTI Regular Savings Fund are some of the key hybrid MF schemes floated by the AMC.
Fund Managers at DHFL Pramerica Mutual Fund
Mr Vetri Subramaniam, is Group President & Head - Equity:Vetri Subramaniam is Group President & Head of Equity at UTI Asset Management Company Ltd. He has been in this role since January 2017. UTI MF manages assets of Rs 1524 bn and the total assets under management of UTI are Rs 3615 bn. At UTI MF Vetri leads a team of 17 persons including analysts and fund managers. The total equity assets managed and advised by the team are Rs 649 bn. Vetri has over 26 years of work experience. He holds a PG Diploma from IIM Bangalore.
Mr Amandeep Chopra, Group President & Head - Fixed Income:Mr. Amandeep Singh Chopra is the Group President & Head of Fixed Income of UTI AMC Ltd. He serves on the Executive Investment Committee (EIC), Valuation Committee and the Management Committee of UTI AMC Ltd. He is also a member of the Valuation Committee of the Association of Mutual Funds in India (AMFI) and was also a member of the Corporate Bonds and Securitization Advisory Committee (CoBoSAC) of SEBI which advises SEBI on issues related to further developments of these markets. He has won several awards in the category of Best Debt Fund Manager, Best Debt Fund House and for Funds managed by him. Amandeep is a graduate in B.Sc. (Computer Science) from St. Stephens College, Delhi and an MBA from Faculty of Management Studies, University of Delhi.
Mr Sanjay Ramdas Dongre, Executive Vice President and Sr Fund Manager - Equity:Mr. Sanjay Dongre is Executive Vice President and Sr Fund Manager – Equity at UTI AMC Ltd. He is a B.E. (Instrumentation) graduate from College of Engineering and a PGDM from IIM Calcutta. He has been with UTI AMC since 1994.
Ms Swati Kulkarni, Executive Vice President and Fund Manager:Ms. Swati Kulkarni is Executive Vice President and Fund Manager – Equity at UTI AMC Ltd. After her graduation in Commerce, she went on to earn her Masters in Financial Management from Narsee Monjee Institute of Management Studies from University of Mumbai, where she also distinguished herself as a rank holder. Ms. Swati holds CFA charter conferred by CFA Institute, USA. She is also a Certified Associate of Indian Institute of Bankers (CAIIB - UTI). Swati has professional experience of 27 years of which for the last 26 years, she has been with UTI AMC.
Mr Lalit Nambiar, Executive Vice President and Fund Manager:Mr. Lalit Nambiar is Executive Vice President and Fund Manager (Equity). He is a commerce graduate from Narsee Monjee College of Commerce, Mumbai and holds a post-graduate degree in management (MMS) from Sydenham Institute of Management, Mumbai University. He also holds a CFA charter awarded to him in 2005 by the CFA Institute, USA.
Mr Sudhir Agrawal, Executive Vice President & Fund Manager:Mr Sudhir Agrawal is Executive Vice President & Fund Manager – Fixed Income at UTI AMC Ltd. He joined UTI AMC in 2009 after 4 years of experience. He is a CFA Charter holder from The CFA Institute, USA. He also holds a Post Graduate Diploma in Management and a Masters in Commerce.
Mr Kausik Basu, Executive Vice President & Fund Manager:Mr. Kausik Basu is Executive Vice President & Fund Manager – Equity at UTI AMC Ltd. He is a B.Com graduate from Kolkata (Calcutta) University and holds a graduate degree in law (LLB) from Kolkata (Calcutta) University. He has also completed CS (Int) and CAIIB – Part I. He is also a an Associate Member of The Institute of Cost Accountants of India. Kausik has an overall experience of 32 years including 18 years in the domestic Equity Capital markets.
Mr Ajay Tyagi, Executive Vice President & Fund Manager:Mr Ajay Tyagi is Executive Vice President & Fund Manager – Equity at UTI AMC Ltd. He is a CFA Charter holder from The CFA Institute, USA and also holds a Masters degree in Finance from Delhi University. Ajay joined UTI in the year 2000 and has been working in the equity research and fund management functions since then.
Mr V Srivatsa, Executive Vice President & Fund Manager:Mr. V. Srivatsa is an Executive Vice President & Fund Manager – Equity at UTI AMC Ltd. He is a B.Com graduate, C.A., C.W.A. and has a PGDM from IIM, Indore. He has been with UTI AMC since 2002.
Mr Sachin Trivedi, Senior Vice President and Head of Research:Mr. Sachin Trivedi is Senior Vice President and designated as Head of Research & Fund Manager, Equity at UTI AMC Ltd. He is a B.com graduate from Narsee Monjee College of Commerce, Mumbai and holds a post-graduate degree in management (MMS) from the K. J. Somaiya Institute of Management Studies & Research, Mumbai University. He also holds a CFA charter from the USA.
Mr Ritesh Nambiar, Senior Vice President & Fund Manager:Mr. Ritesh Nambiar is Senior Vice President & Fund Manager for UTI Income Opportunities Fund and a Co-Fund Manager for UTI Floating Rate Fund and UTI Medium Term. He is also a senior member of the credit research team for the BFSI sector. He has been in UTI AMC since last 9 ½ years.Ritesh Nambiar is a CFA Charterholder and a Financial Risk Manager (FRM) from CFA Institute and GARP. He is done graduation (BMS Finance) and post-graduation (MMS Finance) in Management Studies from Mumbai University.
Mr Sunil Patil, Executive Vice President & Fund Manager:Mr. Sunil Patil is Executive Vice President & Fund Manager – Debt. He joined UTI AMC in October 1989. He has overall 28 years of experience in Primary Market Investment / Dealing and Fund Management.
Mr Amit Sharma, Vice President & Fund Manager:Mr. Amit Sharma is Vice President & Fund Manager – Debt. He joined UTI in 2008. He has worked in Department of Fund Accounts. He has been associated with the Dept. of Fund Management for the past 4 years.