UTI Mutual Fund to open a New Financial Centres at Mayurbhanj, Kendujhar and Bhadrak in Odisha

Bhubaneswar: UTI Asset Management Company (UTI AMC), one of India’s leading asset management firms, is elated to announce the opening of its UFCs at Mayurbhanj, Kendujhar and Bhadrak.

1. 1st Floor, Prasanti Building, Ward No.5, Lalbazar, Baripada, Mayurbhanj, Odisha – 757001.
2. 1st Floor, Singh Market Complex, Sirazuddin Square, Kendujhar, Odisha – 758001.
3. 1st Floor, Hotel City Residency Complex, Naripur, Bonth Chhak, Near Old Bus Stand, Bhadrak, Odisha – 756100.

The Company has announced opening of 19 new UTI Financial Centres (UFCs) across South, East and Northeast India on 18th November 2024. UTI aims to extend its reach across the length and breadth of the country to foster financial inclusion and bring investors from B30 cities and beyond into the mainstream financial ecosystem through mutual fund investments.  

Mr. Imtaiyazur Rahman, MD and CEO, stated, “We are strategically opening new UTI Financial Centers to ensure seamless access to the full range of our offerings in a closer proximity. The growth in participation of individual investors in mutual fund investments in the last few years, especially in B30 cities, has been remarkable and very encouraging. Our expansion drive is aligned with our long-term vision to create awareness and make mutual fund investments available to all.”

UTI Mutual Fund remains dedicated to reaching its investors through a robust distribution network that includes Financial Centers (UFCs), Business Development Associates, Mutual Fund Distributors (MFDs), and strategic partnerships with banks.