UTI MF Sets Up 7 New Financial Centres

MUMBAI: UTI Mutual Fund has declared setting up of seven new UTI Financial Centres (UFCs) at various cities like Jamnagar, Bhavnagar, Udaipur, Jallandhar, Mysore, Kota and Warangal to provide its clients easy access to its services. Its distribution expansion plan is in-line with our strategy of making its services easily accessible to investors in smaller towns and enables them to share the benefits of the growth of the Indian Economy. The fund is expanding its distribution network to cover non-metro and smaller cities. During the current fiscal, the fund house proposes to expand its distribution network from 72 UFCs to over 130 UFCs covering around 500 districts.