UTI Asset Management Ltd Company Profile: Products, Promoters and Clients
UTI Asset Management Company Ltd Company Description:
UTI Asset Management Company Ltd (UTI AMC) is a leading asset manager in India, registered under SEBI (Mutual Funds) Regulations, 1996, and renowned for pioneering mutual funds in the country. Specializing in investment management services for various UTI Mutual Fund schemes, UTI AMC is committed to delivering superior financial products and services. With a robust network of more than 190 UTI Financial Centres and over 210 District Associates nationwide, UTI AMC leverages its strong brand presence and wide distribution network to foster continued growth and client satisfaction.
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Q1. What are the Product and service offerings of the company?
- Mutual Fund Management: UTI AMC manages various schemes under UTI Mutual Fund, catering to different investment needs.
- Portfolio Management Services (PMS): The company offers discretionary, non-discretionary, and advisory PMS to high-net-worth clients, corporates, and institutions.
- Offshore Funds Management: UTI AMC manages the portfolios of domestic and offshore funds, extending its services to clients in India and over 35 countries.
- Retirement Solutions: The company provides retirement solutions, helping clients plan and manage their post-retirement finances.
- Private Equity Funds: UTI AMC offers private equity funds, providing investment opportunities in private companies.
- Advisory Services: It provides investment advisory services to high-net-worth individuals, corporates, and institutions .
Q2. Who are the Promoters/Management of the company?
Mr. Imtaiyazur Rahman is the Managing Director & CEO of the Company with over three decades of expertise in management, business leadership, strategic alliances, and change management. He joined the UTI Group in 1998 and has held various senior roles, including CFO and Group President & Chief Finance Officer. Mr. Rahman holds a Science degree, is a Fellow of the Institute of Cost Accountants of India and the Institute of Company Secretaries of India, a Certified Public Accountant (USA), and has completed various executive programs at prestigious institutions. He serves on the boards of several UTI entities and has been actively involved in industry bodies such as FICCI, CII, and IMC Chamber of Commerce & Industry.
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Mr. Dinesh Kumar Mehrotra is the Non-Executive Chairman and an Independent Director of the Company. Previously, he served as the Chairman and Managing Director of LIC and as the Executive Director of International Operations at LIC. He holds a B.Sc. (Honours) degree from the University of Patna. His appointment as an Independent Director was approved by the shareholders at the Annual General Meeting on 23rd August 2017.
3. Who are the Clients of the company?
UTI AMC's clients include:
- Retail Investors: Through its mutual fund schemes, UTI AMC caters to a broad base of individual retail investors.
- High-Net-Worth Individuals (HNWIs): The company offers PMS and advisory services to HNWIs, providing tailored investment solutions.
- Corporates: UTI AMC manages corporate portfolios, offering specialized services to meet corporate investment needs.
- Institutions: Institutional clients, including domestic and international entities, benefit from the company's portfolio management and advisory services .
Written By:Khush Kothari
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