Wednesday, May 23, 2007

UTI MF Opens A Regional Office At Lucknow

UTI Mutual Fund (UTI MF) announces the opening of a Regional Office at Lucknow. The Regional Office will cover the regions of Uttar Pradesh and Bihar.
Shri U K Sinha, Chairman and Managing Director, UTI AMC said, "The regions of Uttar Pradesh and Bihar are important retail markets for UTI MF. With a view to increase our focus in these regions we have today opened a Regional Office in Lucknow which will cater to the region of Uttar Pradesh and Bihar. This initiative will also help us to reach out to investors in the remotest areas across Uttar Pradesh and Bihar and make our products and services easily accessible to investors in these regions."

Shri Jaideep Bhattacharya, Chief Marketing Officer, UTI AMC said, "Presently in the region of Uttar Pradesh and Bihar, UTI MF has 6 UTI Financial Centers (UFCs). During this fiscal year, we are proposing to open 4 new UFCs in this region".

UTI Mutual Fund has a wide distribution network comprising of 72 Financial Centers (UFCs), 434 Chief Representative Offices/ Chief Agents and over 27600 AMFI certified Financial Advisors. UTI Mutual Fund also reaches its investors through tie-ups with several Banks and Department of Post.

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