UTI Asset Management Company (UTI AMC), a prominent player in India’s mutual fund industry, is set to enhance its regional presence by inaugurating a UTI Financial Centre (UFC) at A 57, Zote Bakery, Lower Zarkawt, Chanmari, Aizawl, on November 18, 2024. The new centre is part of UTI’s plan to establish 19 UFCs across South, East, and Northeast India, aiming to bring the benefits of mutual fund investments closer to underserved areas and B30 cities.
UTI AMC’s MD and CEO, Mr. Imtaiyazur Rahman, emphasized the company’s commitment to accessibility, saying, “Our goal is to ensure seamless access to our services and foster financial inclusion. The remarkable growth in mutual fund participation, especially in B30 cities, encourages us to continue expanding to serve investors better.”
In Mizoram, the new Aizawl UFC is expected to play a key role in driving financial literacy and investment adoption, particularly within smaller markets. With limited financial services in the state, UTI’s centre aims to empower local investors by providing greater access to mutual fund options, fostering economic growth, and encouraging wealth-building opportunities for Mizoram residents.
