UTI Asset Management Company (UTI AMC), a leader in India’s asset management sector, has announced the opening of a 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 UFC is part of UTI’s expansion drive, adding 19 new centers across South, East, and Northeast India on November 18, 2024. This move aims to bring mutual fund investments closer to investors in smaller cities, or “B30 cities,” fostering financial inclusion on a larger scale.
Mr. Imtaiyazur Rahman, MD and CEO of UTI AMC, commented, “Our new UFCs are designed to make our services more accessible to individual investors. The remarkable growth in participation from B30 cities reflects a strong appetite for mutual fund investments in these areas.”
For Dibrugarh, the addition of UTI’s Financial Centre aligns well with the city’s emerging financial market, providing local investors with direct access to a trusted mutual fund brand. This new UFC is expected to draw interest from small and mid-size investors looking to diversify their portfolios, strengthening Dibrugarh’s position in Assam’s investment landscape. UTI’s extensive distribution network also includes partnerships with banks and mutual fund distributors, further enhancing its reach.
