UTI Mutual Fund to open a New Financial Centre at Kumbakonam in Tamil Nadu

UTI Asset Management Company, one of India's leading asset management firms, is elated to announce the opening of its UFC at Kumbakonam in Tamil Nadu at Block -11, First Floor, No 16, Sarangapani Koil East Vadampoki Street @ TSR Big Street, Kumbakonam, Thanjavur, Tamil Nadu - 612001. The Company has announced the opening of 19 new UTI Financial Centres (UFCs) across South, East and Northeast India on 18th November 2024.

 UTI aims to extend its reach across the length and breadth of the country to foster financial inclusion and bring investors from B30 cities and beyond into the mainstream financial ecosystem through mutual fund investments.  

UTI Mutual Fund remains dedicated to reaching its investors through a robust distribution network that includes Financial Centers (UFCs), Business Development Associates, Mutual Fund Distributors (MFDs), and strategic partnerships with banks.

Mr. Imtaiyazur Rahman, MD and CEO, stated, “We are strategically opening new UTI Financial Centers to ensure seamless access to the full range of our offerings in a closer proximity. The growth in participation of individual investors in mutual fund investments in the last few years, especially in B30 cities, has been remarkable and very encouraging. Our expansion drive is aligned with our long-term vision to create awareness and make mutual fund investments available to all.”