Unit Trust of India (UTI) is a statutory public sector investment institution. This institution was established in February 1964.

Purpose /Objectives of the UTI:

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

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

Functions

Encourage savings of lower and middle-class people.

Sell units to investors in different parts of the country.

Covert the small savings into industrial finance.

Give an opportunity to share the benefits and fruits of industrialization in the country.

Provide liquidity to units.

Schemes of UTI:

Unit scheme—1964.

Unit Linked Insurance Plan—1971.

Children Gift Growth Fund Unit Scheme—1986.

Rajyalakhmi Unit Scheme—1992.

Senior Citizen’s Unit Plan—1993.

Monthly Income Unit Scheme.

Master Equity Plan—1995.

Money Market Mutual Fund—1997.

UTI Growth Sector Fund—1999.

Growth and Income Unit Schemes.

Address:
UTI Asset Management Co. (Pvt.) Ltd.
AD-55
AD Block
Kolkata, West Bengal 700064