UTI Asset Management Company (UTI AMC), one of India’s leading asset management firms, is set to enhance its presence with the opening of a new UTI Financial Centre (UFC) in Coochbehar. Located at Ground Floor, Bani Mahal, Silver Jubilee Road, the centre will offer easy access to UTI’s diverse mutual fund products. This is part of a larger expansion strategy, with UTI planning to open 19 new UFCs across South, East, and Northeast India on November 18, 2024.
Mr. Imtaiyazur Rahman, MD and CEO of UTI AMC, emphasized the importance of these centres in promoting financial inclusion. “The remarkable growth in mutual fund participation from B30 cities is very encouraging. Our expansion is aligned with our mission to bring mutual fund investments closer to the people,” Rahman said.
Coochbehar is witnessing a growing demand for financial products as local residents become more aware of the benefits of mutual fund investments. The launch of the UFC will provide greater financial access to the community, allowing individuals to explore diverse investment options. This move is expected to strengthen UTI AMC’s position in the region, further fostering financial literacy and inclusion.