UTI Asset Mgmt. Co. Ltd.

UTI Mutual Fund was established in January 2003 as a SEBI-registered fund house. It is backed by five large institutional partners which include the SBI, Bank of Baroda, Punjab National Bank, the LIC, and T Rowe Price Group Inc. The fund house made its debut on stock exchanges in October 2020. Though the UTI Mutual Fund was established in 2003, its mutual funds have existed since the 1980s under the "Unit Trust of India" banner. UTI Master Share, launched in 1986, is one of India's oldest mutual fund schemes. The UTI Mutual Fund has a total Asset Under Management (AUM) of approximately Rs. 348,328.75 crores (as of Sep 30, 2024). It holds 5.2% of the industry AUM share.