Unit Trust of India is a financial organisation in INDIA, which was created by the UTI Act passed by the Parliament of India

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

Objectives:

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 of UTI:

To grant loans and advances

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

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-

UTI Tower,
'GN' Block, Bandra Kurla Complex Bandra (E), Mumbai - 400051.
Toll Free: 1800 26 61230