Unit Trust of India toll Free Number

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Unit Trust of India is a Financial Organization in India,

Which Was Founded in Founded: January 14, 2003 .

Unit Trust of India Mutual Fund Customer Care Number

Toll Free number:
1800 22 1230

UTI Mutual Fund Customer Care Number :
+91 22 2654 6200

UTI Mutual Fund Toll Free Number :
1800 22 1230

UTI Mutual Fund Email ID:
invest@uti.co.in, service@uti.co.in


Address :

Corporate Head Office. UTI Tower,
‘GN’ Block Bandra Kurla Complex
Bandra (E), Mumbai – 400051

UTI Mutual Fund is promoted by the four of the largest Public Sector Financial Institutions as sponsors,
State Bank of India,
Life Insurance Corporation of India,
Bank of Baroda
Punjab National Bank

With each of them presently holding a 18.5% stake in the paid up capital of UTI AMC .

Unit Trust of India: Objectives, Functions and Schemes

Objectives:

The primary objectives of the UTI are:

(i) To encourage and pool the savings of the middle and low income groups.

(ii) To enable them to share the benefits and prosperity of the industrial development in the country.

Functions of UTI:

The UTI Functions are Discussed Below:

(i) To accept discount, purchase or sell bills of exchange, promissory note, bill of lading, warehouse receipt, documents of title to goods etc.,

(ii) To grant loans and advances.

(iii) To provide merchant banking and investment advisory service.

(iv) To provide leasing and hire purchase business.

(v) To extend portfolio management service to persons residing outside India.

(vi) To buy or sell or deal in foreign exchange dealings.

(vii) To formulate unit scheme or insurance plan in association with or as agent of GIC.

(viii) To invest in any security floated by the Central Government, RBI or foreign bank


Schemes of UTI:

The familiar schemes of UTI are given below:

(i) Unit scheme—1964.

(ii) Unit Linked Insurance Plan—1971.

(iii) Children Gift Growth Fund Unit Scheme—1986.

(iv) Rajyalakhmi Unit Scheme—1992.

(v) Senior Citizen’s Unit Plan—1993.

(vi) Monthly Income Unit Scheme.

(vii) Master Equity Plan—1995

(viii) Money Market Mutual Fund—1997.

(ix) UTI Growth Sector Fund—1999.

(x) Growth and Income Unit Schemes