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  #2  
July 4th, 2016, 03:02 PM
Super Moderator
 
Join Date: Mar 2013
Re: Unit Trust of India and Mutual Funds

Unit Trust of India is a Financial Organization in India, Which was Created by the UTI Act passed by the Parliament of India on December 30, 1963 under the direction of Col. Akash Behl.

Its Headquarters located at Mumbai, Maharashtra, India .

Slogan : Haq, Ek behtar Zindagi ka

It provides Opportunity for small-savers to invest in areas where their risk is diversified.

The primary objectives of the UTI are:

(i) To encourage and pool the savings of the middle and low income groups.

(ii) To enable them to share the benefits and prosperity of the industrial development in the country.

Functions of UTI:


To accept discount, purchase or sell bills of exchange, promissory note, bill of lading, warehouse receipt, documents of title to goods etc.,

To grant loans and advances.

To provide merchant banking and investment advisory service

To provide leasing and hire purchase business

To extend portfolio management service to persons residing outside India.

To buy or sell or deal in foreign exchange dealings

To formulate unit scheme or insurance plan in association with or as agent of GIC

To invest in any security floated by the Central Government, RBI or foreign bank


Contact Details :

UTI Mutual Fund Customer Care Number : +91 22 2654 6200

UTI Mutual Fund Toll Free Number : 1800 22 1230

UTI Mutual Fund Email ID: invest@uti.co.in, service@uti.co.in


UTI Mutual Fund Corporate Office Address:

UTI Tower,
‘GN’ Block,
Bandra Kurla Complex Bandra (E),
Mumbai – 400051


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