BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
KRChoksey Report
UTI Asset Management Company Ltd. is a Securities and Exchange Board of India -registered asset management company; sponsored by State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India.
T. Rowe Price, a global Private equity, is other major shareholder of UTI AMC with 26% stake.
Incorporated in 2002, UTI AMC was established as the first MF in India and has operating history of 50 plus years through its predecessor, Unit Trust of India.
The ‘UTI’ brand enjoys a strong brand , especially in B30 cities and proven track record in mutual fund industry with strong brand recognition.
UTI is the second largest Asset Management Company in India in terms of total asset under management (AUM) and the eighth largest AMC in India in terms of mutual fund quarterly adjusted asset under management (QAAUM) as of June 30, 2020.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.