UTI Asset Management Company (UTI AMC) is set to enhance its presence in India with the opening of a new UTI Financial Centre (UFC) in Birbhum, West Bengal. Located at Pankajini Lodge, Ground Floor, Shantiniketan Road, Bhubandanga, Bolpur, the new centre will be inaugurated on November 18, 2024, as part of the company’s initiative to open 19 UFCs across South, East, and Northeast India. This strategic expansion is aimed at fostering financial inclusion and making mutual fund investments more accessible to investors in smaller cities and towns.
Speaking about the expansion, Mr. Imtaiyazur Rahman, Managing Director and CEO of UTI AMC, said, “We are strategically opening new UTI Financial Centers to ensure seamless access to the full range of our offerings in closer proximity. The growth in participation of individual investors in mutual fund investments, especially in B30 cities, has been remarkable and encouraging.”
In Birbhum, the opening of this UFC is expected to empower local residents with the tools and knowledge to invest in mutual funds. It will bridge the gap in financial literacy and provide easy access to UTI’s diverse range of products, enhancing the financial ecosystem in the region.
