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28th January 2017, 01:00 PM
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Join Date: Mar 2013
Re: Unit Trust Of India Short Note

Unit Trust of India is a financial organization created by the UTI Act passed by the Parliament of India on December 30, 1963.

UTI Mutual Fund is promoted by the four of the largest Public Sector Financial Institutions as sponsors, viz., State Bank of India, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank with each of them presently holding an 18.5% stake

The UTI Asset Management Company has its registered office at: UTI Tower, Gn Block, Bandra — Kurla Complex, Bandra (East), Mumba.

It has over 70 schemes in domestic MF space and has the largest investor base of over 9 million in the whole industry.

It is present in over 450 districts of the country and has 150 branches called UTI Financial Centres or UFCs.

For its international operations UTI has set up its 100% subsidiary, UTI International Limited, registered in Guernsey, Channel Islands. It has branches in London, Dubai and Bahrain.

It has set up a Joint Venture with Shinsei Bank in Singapore.

The JV has got its license and has started its operations.

Contact-

UTI
UTI Tower,
'GN' Block, Bandra Kurla Complex Bandra (E), Mumbai - 400051.
Toll Free: 1800 26 61230


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