UTI Asset Management Company (UTI AMC), a leading force in India’s mutual fund industry, has announced the launch of a new UTI Financial Centre (UFC) in Aizawl at A 57, Zote Bakery, Lower Zarkawt, Chanmari. This center is part of UTI’s larger strategy to establish 19 new UFCs across South, East, and Northeast India by November 18, 2024, aiming to increase financial inclusion and draw investors from B30 cities into the mainstream financial sector.
Mr. Imtaiyazur Rahman, UTI AMC’s Managing Director and CEO, expressed the company’s dedication to accessibility, stating, “Our expansion is about proximity and seamless access. The rise in mutual fund participation in B30 cities is motivating, and we’re committed to fostering financial awareness across India.”
In Mizoram, the Aizawl UFC is expected to bridge significant gaps in financial access, offering local investors a reliable platform for mutual fund investments. Given the limited financial service options in the region, UTI’s presence in Aizawl aims to boost local market participation, empowering residents with investment options and opportunities to build wealth.
