UTI AMC Q4 Review - Business Tailwinds Gather Momentum: ICICI Securities
A man with an umbrella walks into the UTI tower in Mumbai. (Photographer: Adeel Halim/Bloomberg)

UTI AMC Q4 Review - Business Tailwinds Gather Momentum: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

UTI Asset Management Company Ltd. is exhibiting multiple positive business indicators such as gains in market share in equity segment as well as flows, systematic investment plan as well as folio additions.

Cost reduction program undertaken by the company and hike in pension fund management charges are strong earnings drivers ahead.

These growth levers, along with attractive valuations, make us constructive on the company.

Click on the attachment to read the full report:

ICICI Securities UTI AMC Q4FY21 Results Update.pdf

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