UTI Asset Management Company (UTI AMC), a top player in India’s asset management industry, has announced the opening of its new UTI Financial Centre (UFC) in Dibrugarh. Located at 1st Floor, House of Subhas Chandra Jain, New Market, H S Road, near Hotel East End, this expansion is part of a broader push to enhance financial inclusion across South, East, and Northeast India, with 19 new centers set to launch on November 18, 2024.
Highlighting the significance of this expansion, MD and CEO Mr. Imtaiyazur Rahman remarked, “We are strategically opening new UTI Financial Centers to ensure seamless access to our offerings. The rise in individual investor participation in B30 cities has been both remarkable and encouraging. Our goal is to make mutual fund investments accessible to all.”
For Dibrugarh, this development holds promise, with the market poised to benefit from greater access to UTI’s range of financial products. The center aims to attract investors from the B30 category, aligning with UTI’s mission to foster awareness and growth in smaller cities. UTI’s network also includes Business Development Associates, Mutual Fund Distributors, and partnerships with banks, ensuring widespread outreach and support for investors across India.