* The most trusted brand that is admired by all stakeholders * The
largest and most efficient wealth manager with global presence * The
best-in-class customer service provider * The most preferred employer *
The most innovative and best wealth creator * A socially responsible
organisation known for best corporate governance
January 14, 2003 is when UTI Mutual Fund started to pave its
path following the vision of UTI Asset Management Co. Ltd. (UTIAMC), which was
appointed by UTI Trustee Co. Ltd. for managing the schemes of UTI Mutual Fund
and the schemes transferred/migrated from the erstwhile Unit Trust of India.
Assets Under Management :
To know latest corpus
of UTIAMC please refer http://www.amfiindia.com/showhtml.aspx?page=aum. UTI
Mutual Fund has a track record of managing a variety of schemes catering to the
needs of every class of citizens. It has a nationwide network consisting 149 UTI
Financial Centres (UFCs) and UTI International offices in London, Dubai and
UTIAMC has a well-qualified, professional fund management
team, which has been fully empowered to manage funds with greater efficiency and
accountability in the sole interest of the unit holders. The fund managers are
ably supported by a strong in-house securities research department. To ensure
investors’ interests, a risk management department is also in operation.
UTIMF has consistently reset and
upgraded transparency standards. All the branches, UFCs and registrar offices
are connected on a robust IT network to ensure cost-effective quick and
efficient service. All these have evolved UTIMF to position as a dynamic,
responsive, restructured, efficient and transparent entity, fully compliant with
Investment Philosophy :
Mutual Fund’s investment philosophy is to deliver consistent and stable returns
in the medium to long term with a fairly lower volatility of fund returns
compared to the broad market. It believes in having a balanced and
well-diversified portfolio for all the funds and a rigorous in-house research
based approach to all its investments. It is committed to adopt and maintain
good fund management practices and a process based investment management.
UTI Mutual Fund follows an investment approach of giving as equal an
importance to asset allocation and sectoral allocation, as is given to security
selection while managing any fund. It combines top-down and bottom-up approaches
to enable the portfolios/funds to adapt to different market conditions so as to
prevent missing an investment opportunity.
In terms of its funds
performance, UTI Mutual fund aims to remain consistently in the top quartile
vis-ŕ-vis the funds in the peer group.