UTI Asset Management Company (UTI AMC) has announced the opening of its new UTI Financial Centre (UFC) in Begusarai, Bihar, marking a significant step in its expansion drive. The centre, located at Radha Krishna Market, Patel Chowk, Begusarai, will cater to investors in the region and further strengthen UTI’s footprint across India.
This launch is part of UTI AMC’s broader initiative to open 19 new UFCs in South, East, and Northeast India on 18th November 2024, reflecting the company’s commitment to promoting financial inclusion. The new financial centres aim to bring investors from B30 cities and beyond into the mutual fund investment ecosystem.
Mr. Imtaiyazur Rahman, Managing Director and CEO of UTI AMC, emphasized, “We are strategically opening new UFCs to bring our offerings closer to investors. The remarkable growth of mutual fund investments in B30 cities has been a driving force behind this expansion.” In Begusarai, this move is expected to boost financial awareness and access to mutual fund products, empowering local investors to make informed investment decisions. The new centre will help enhance financial literacy and provide seamless access to UTI’s diverse investment options, contributing to the overall economic growth of the region.