UTI Asset Management Company

Imtaiyazur Rahman serves as Managing Director and CEO. The firm maintains separate chief investment officers for equity and fixed income, with fund managers operating under a committee-based risk framework. The board includes nominees from state-owned sponsors State Bank of India, LIC, Bank of Baroda, and Punjab National Bank.

The original Unit Trust of India was established by an act of Parliament in 1964 and operated as India's dominant mutual fund for decades. After losses in the flagship US-64 scheme, the government restructured UTI in 2003, spinning off the asset management and mutual fund operations into UTI AMC. The closed-end US-64 scheme was transferred to a separate Administrator of the Specified Undertaking of the Unit Trust of India.

State Bank of India, Life Insurance Corporation of India, Bank of Baroda, and Punjab National Bank are the promoter shareholders, each holding board representation. The firm went public in October 2020, and the remaining publicly traded shares are held by institutional and retail investors. T. Rowe Price, once a strategic minority shareholder, fully exited its stake by 2020.

UTI AMC operates almost entirely within Indian markets. Its equity funds invest in Indian-listed securities, and its debt funds focus on domestic government securities and corporate bonds. The firm does not maintain offshore investment offices or run international equity strategies at material scale.

UTI AMC is an approved fund manager for the Employees' Provident Fund Organisation, investing a portion of EPFO corpus according to mandated allocation rules. The firm also operates retirement-benefit and pension-oriented mutual fund products for individual investors.