UTI Mutual Fund
UTI Mutual Fund (UTI Asset Management Company) is a publicly listed Indian asset manager running equity, debt, hybrid, ETF, and FoF schemes for retail and institutional investors, with over Rs 2 lakh crore in AUM and the country's oldest equity mutual fund (since 1986).
- Company typePrivate
- Founded1986
- HeadquartersBandra, India
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What UTI Mutual Fund does
UTI Mutual Fund, legally UTI Asset Management Company, is one of India's oldest and largest mutual fund houses, publicly listed on the NSE under the ticker UTIAMC and headquartered in Mumbai. The firm manages assets across equity, debt, hybrid, ETF, and fund-of-funds categories, with flagship offerings including the UTI Large Cap Fund — launched in October 1986 and recognized as India's oldest equity mutual fund with 15.35% CAGR since inception — alongside the Flexi Cap, Small Cap, Money Market, Overnight, Dividend Yield, Multi Asset Allocation, Innovation, Gold ETF FoF, and BSE Sensex Next 50 ETF schemes. Aggregate AUM under UTI MF fund managers exceeds Rs 2 lakh crore as of May 2026, spanning institutional and retail allocations.
The business model is subscription-recurring: UTI generates revenue through management fees charged on AUM across its diversified scheme portfolio, distributing products through three primary channels — a direct online platform at utimf.com, a financial-distributor network positioned around behavioral coaching and SIP adoption, and an institutional sales desk executing anchor investments in IPOs and NCD issues. Customers span retail SIP and lumpsum investors (primary) and institutional investors including insurance companies, foreign institutions, and co-investing mutual funds (secondary). Leadership comprises CEO Imtaiyazur Rahman, MD Leo Puri, CFO Vinay Lakhotia, Independent Director Jaya Vaidhyanathan, plus specialized heads of Fixed Income, Equities, and zonal distribution.
UTI's core technology is described minimally as the utimf.com web platform; no proprietary technology stack, API surface, or AI system is disclosed. The firm has actively participated as an institutional anchor in 2026 transactions including Bagmane Prime Office REIT (Rs 1,150 crore), Bharat Coking Coal IPO, Vedanta NCD issue, and a secondary stake in Anthem Biosciences, demonstrating institutional deal flow beyond core retail AUM accumulation.
UTI Mutual Fund firmographics
Firmographics- Name
- UTI Mutual Fund
- Legal name
- UTI Asset Management Company
- Website
- https://utimf.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- UTI Mutual Fund (UTI Asset Management Company) is a publicly listed Indian asset manager running equity, debt, hybrid, ETF, and FoF schemes for retail and institutional investors, with over Rs 2 lakh crore in AUM and the country's oldest equity mutual fund (since 1986).
- Ownership category
- akta.pro rank
UTI Mutual Fund industry classification
Industry- Product category
- Asset Management / Mutual Funds
- NAICS
- Open-End Investment Funds (525910)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Investment Management Advisory (RIA) (FSAEAAAB)
Keywords
Where UTI Mutual Fund is headquartered
LocationHeadquarters
- HQ city
- Bandra
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
UTI Mutual Fund business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Asset Management Fees: UTI Mutual Fund generates revenue through management fees charged on Assets Under Management (AUM). The fund manages significant AUM across equity, debt, and hybrid schemes, earning fees based on the total assets managed.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
UTI Mutual Fund product offering
Product offeringCore offering
UTI Mutual Fund is an Indian asset management company that offers a diversified portfolio of mutual fund schemes spanning equity (large cap, mid cap, small cap, flexi cap, dividend yield, thematic), debt (overnight, money market), hybrid/multi-asset, ETFs, and fund-of-funds products. It invests and manages investor capital across asset classes, generating revenue primarily through management fees on assets under management (AUM), and serves retail investors via SIPs/lumpsum and institutional clients through anchor investments.
Product overview
UTI Mutual Fund operates as a comprehensive mutual fund house offering a diverse portfolio of scheme categories including overnight funds, money market funds, flexi cap funds, large cap funds, small cap funds, ETFs, dividend yield funds, multi-asset allocation funds, and gold funds. The products range from liquid/overnight funds for capital preservation to equity-focused schemes across various market capitalizations and themes. Performance data across sources indicates UTI manages funds across multiple categories including UTI Flexi Cap Fund, UTI Small Cap Fund, UTI Large Cap Fund (India's oldest equity fund since 1986), UTI Money Market Fund, UTI Overnight Fund, UTI BSE Sensex Next 50 ETF, UTI Dividend Yield Fund, UTI Multi Asset Allocation Fund, UTI Innovation Fund, and UTI Gold ETF FoF.
Differentiator
Problem solved
Functional benefit
Products and services
- UTI Overnight Fund An overnight mutual fund scheme that invests in short-term debt instruments with one-day maturity, offering high liquidity and capital preservation with returns aligned to benchmark performance. Designed for conservative investors and short-term parking of funds.
- UTI Flexi Cap Fund A flexi cap equity fund that dynamically invests across large-, mid-, and small-cap segments and sectors. Suited for moderate-risk investors with a long-term horizon seeking diversified equity exposure.
- UTI Money Market Fund A money market mutual fund that invests in money market instruments, delivering 7.3% three-year CAGR returns according to ACE MF data. Designed for investors seeking liquid, short-duration debt exposure.
- UTI BSE Sensex Next 50 ETF An exchange-traded fund tracking the BSE Sensex Next 50 index, delivering 18.9% annualized returns over three years. Targeted at investors seeking passive index exposure to next 50 companies on the BSE.
- UTI Small Cap Fund A small-cap equity fund investing in stocks of smaller companies, with 41% consistency score and 14.71% CAGR over five years per CRISP Mutual Fund Scorecard. Targeted at high-risk investors seeking long-term growth.
- UTI Large Cap Fund India's oldest equity mutual fund launched in October 1986, managing Rs 13,322 crore as of December 31, 2025, with 15.35% CAGR since inception. Designed for investors seeking long-term blue-chip equity exposure.
- UTI Dividend Yield Fund A dividend yield focused equity fund investing in stocks with high dividend payouts, managing between Rs 6.9 billion and Rs 64 billion in assets. Designed for income-seeking equity investors.
- UTI Multi Asset Allocation Fund A multi-asset allocation fund investing across gold, silver, equities, and debt, generating 11.52% one-year returns. Suited for investors seeking diversified exposure across asset classes.
- UTI Innovation Fund A thematic equity fund focused on innovation-oriented companies, with individual fund-level losses of 19.98% over six months. Targeted at investors seeking thematic exposure to innovation-driven businesses.
- UTI Gold ETF FoF A gold fund of funds offering exposure to gold ETFs with a Sharpe ratio of 1.84 and three-year returns of 36.81% to 37.80%. Designed for investors seeking commodity exposure through a fund-of-funds wrapper.
- UTI Large & Mid Cap Fund A large and mid cap equity fund delivering 12.64% annualized SIP returns over five years. Suited for investors seeking combined exposure to both large- and mid-cap segments.
Quantifiable outcome
- UTI Large Cap Fund turned Rs 1 lakh into approximately Rs 2.71 crore over 39 years (15.35% CAGR)
- +2 more outcomes
Companies that use UTI Mutual Fund
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
UTI Mutual Fund technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
UTI Mutual Fund partnerships and signals
Strategic signalScale indicators9 records
Recent moves5 records
Expansion highlights4 records
UTI Mutual Fund competitors and assessment
Company assessmentDirect peers
- HDFC Mutual Fund: One of India's largest mutual fund AMCs by AUM, offering a comparable range of equity, debt, hybrid, and ETF products to retail and institutional investors. Directly competes with UTI in distribution, brand trust, and performance league tables.
- SBI Mutual Fund: Largest Indian AMC by AUM, backed by SBI brand. Operates a directly comparable product universe across equity, debt, ETFs, and thematic funds, and is the principal competitor UTI benchmarks against.
- ICICI Prudential Mutual Fund: Top-tier Indian AMC with comprehensive equity, debt, and hybrid offerings plus strong institutional mandates. Competes head-to-head with UTI in retail SIP volumes, large cap funds, and NCD/IPO anchor allocations.
- Nippon India Mutual Fund: Large Indian AMC with comparable diversified product range including small cap, large cap, and thematic funds. Directly competes with UTI across retail and institutional segments.
- Aditya Birla Sun Life Mutual Fund: Top Indian AMC offering parallel equity, debt, hybrid, and ETF products. Direct competitor in retail distribution and institutional NCD/IPO anchor allocations alongside UTI.
- Kotak Mahindra Mutual Fund: Indian AMC operating across similar fund categories with strong institutional franchise. Co-invested with UTI in the Bagmane Prime Office REIT anchor tranche and other corporate issuances.
- Axis Mutual Fund: Indian AMC with overlapping equity, debt, and ETF product line. Competes for retail SIP inflows, distributor mind-share, and institutional mandates against UTI.
- DSP Mutual Fund: Mid-to-large Indian AMC with comparable active equity and debt product suites. Competes directly for retail and HNI segments where UTI has traditional strength.
Broad incumbents
- Franklin Templeton India: Global asset manager's India AMC franchise offering equity, debt, and hybrid funds. Larger parent provides broader product and distribution capabilities than standalone UTI in some institutional segments.
Emerging players
- Groww (Nextbillion Technology): India's largest retail mutual fund distribution platform, enabling direct-to-consumer MF investing. Emerging threat to UTI's distributor-led GTM as it captures younger retail investors seeking digital-first experience.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
UTI Mutual Fund social profiles
Digital presenceUTI Mutual Fund financial estimates
Financial estimateRevenue estimate
Valuation estimate
UTI Mutual Fund leadership team
Management profileNumber of profiles
Profiles9 records
UTI Mutual Fund funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UTI Mutual Fund M&A and investment
M&A and investmentM&A
Investments11 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UTI Mutual Fund
What does UTI Mutual Fund do?
UTI Mutual Fund is an Indian asset management company that offers a diversified portfolio of mutual fund schemes spanning equity (large cap, mid cap, small cap, flexi cap, dividend yield, thematic), debt (overnight, money market), hybrid/multi-asset, ETFs, and fund-of-funds products. It invests and manages investor capital across asset classes, generating revenue primarily through management fees on assets under management (AUM), and serves retail investors via SIPs/lumpsum and institutional clients through anchor investments.
Is UTI Mutual Fund a public or private company?
UTI Mutual Fund is a private company. It is classified as public and is currently operating.
When was UTI Mutual Fund founded?
UTI Mutual Fund was founded in 1986. It employs 501 to 1,000 people.
Where is UTI Mutual Fund based?
UTI Mutual Fund is headquartered in Bandra, India, in the Asia region.
How does UTI Mutual Fund make money?
One revenue line is on record: asset Management Fees.
Who are UTI Mutual Fund's main competitors?
Direct peers on record are HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential Mutual Fund, Nippon India Mutual Fund, Aditya Birla Sun Life Mutual Fund, Kotak Mahindra Mutual Fund, Axis Mutual Fund and DSP Mutual Fund. Franklin Templeton India is listed as a broad incumbent. Groww (Nextbillion Technology) is listed as an emerging player.
Does UTI Mutual Fund have an API?
No public API is recorded for UTI Mutual Fund.
What industry is UTI Mutual Fund in?
UTI Mutual Fund's product category is Asset Management / Mutual Funds. Its primary akta.pro industry code is FSAEAAAB, Investment Management Advisory (RIA). Its NAICS code is 525910 and its SIC code is 6282.