UTI MF opens 16 new financial centers

UTI Asset Management Company, one of the leading mutual fund companies, opened 16 new UTI Financial Centers on Thursday.

The company aims to further expand its reach across the country to promote financial inclusion and bring investors from smaller cities into the mainstream financial ecosystem through mutual fund investments.

Imtaiyazur Rahman, MD and CEO, said new financial centers will be opened to bring the full range of fund houses closer to customers and ensure seamless access to services.

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The increasing participation of individual investors in mutual funds, particularly from B30 cities, has been truly remarkable and inspiring in the last few years, he said.

The expansion reflects UTI MF’s commitment to the long-term vision of increasing awareness and making mutual fund investments accessible to a wider audience, he added.

The 16 new UFCs are strategically located in North, South and East India, making services more accessible to customers in these regions.

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These locations were selected to ensure residents in underserved areas can benefit from streamlined services, faster solutions and dedicated support.

This expansion reflects UTI MF’s commitment to providing localized, efficient services while promoting economic growth and creating new employment opportunities.

With advanced facilities and trained professionals, these centers are well prepared to provide seamless support to investors, UTI MF said.