UTI Asset Management Company (UTI AMC) is expanding its reach by opening a new UTI Financial Centre (UFC) in Coochbehar, West Bengal. The new centre, located at Ground Floor, Bani Mahal, Silver Jubilee Road, Ward No 6, Dharmatala More, aims to provide seamless access to UTI’s wide range of mutual fund offerings. This is part of UTI’s plan to inaugurate 19 new UFCs across South, East, and Northeast India on November 18, 2024.
Speaking about the initiative, Mr. Imtaiyazur Rahman, MD and CEO of UTI AMC, highlighted the company’s commitment to financial inclusion. “The growth in participation from individual investors in B30 cities has been remarkable. Our expansion aligns with our long-term vision to bring mutual fund investments to more individuals,” said Mr. Rahman.
The UFC in Coochbehar is expected to boost financial accessibility for the local community, which has shown growing interest in mutual fund investments. The market perspective in Coochbehar is positive, with residents increasingly seeking avenues for financial growth and security. This new centre will facilitate easier access to investment opportunities, helping more individuals in the region participate in the broader financial ecosystem.