Government security is the one which soothes the citizen’s anxiety. Nothing is better than a government backed up scheme. The elected body holds responsibility for the country’s citizens as they are termed as the welfare unit of any country. Investing solutions provided by any of the PSU would be one of the prime picks of the clients. Along with owning a responsibility of formulating laws aiding the interest of the residents. And thus, the clients also rely on the government and believe it to serve in their favor.
UTI mutual fund was a step forward to bring about government supported financial assistance for the clients. After a lot of efforts put in by Col Akash Behl, UTI bill was given a green signal in the parliament. Since then, for 24 years, UTI had a monopoly of being the only financial institution in India. After liberalization was introduced under the New Economic Policy, PSU banks got the freedom of launching their own mutual funds.
The reliability of UTI MF was shaken after the great drift that came into the stock market owing to the scams headed by Harshad Mehta and Ketan Parikh. But, soon the company regained its position after analyzing the weak points and correcting the same. The management of the company was revamped and a new strategy was formulated to get back the trust of investors.
Facing a tough competition in the market from private investors, UTI mutual fund has been able to mark a significant presence in the mutual fund industry. After a change in the governing strategy UTI mutual fund is now sponsored by four main leading PSUs of the country.
Another most important benefit of UTI mutual fund is that it has experienced staff which is the key component of the company. There are many employees who have been an integral part of UTI mutual fund for a long time. Not only in India, UTI mutual fund is a company which has set its foot in the global market and has managed to collaborate with a foreign T Rowe Price International Ltd. (TRP).
There are various reasons involved in the success of UTI mutual fund. The company has been facilitating the best customer relation for a long time now.
UTI mutual fund covers a wide geographical area in terms of having a strong network of branches spread across the country. The company follows an international approach with a combination of extending government security for each and every scheme. Thus, the clients have a secured yet international flavor of investments. Having a huge network of branches, numerous employees, and crores to manage, UTI mutual fund makes sure to maintain a proper code of conduct for its staff as well as clients. The welfare of the investors is the epicenter of dealings instead of earning profits only.
Adapting to technological changes UTI mutual funds has initiated the online investment strategy for providing an increased comfort to its clients. UTI is a trusted brand in the country. Being a government undertaking UTI mutual fund has a reach of even the remote villages of the country. Initiated with a perspective of making the people aware of the miracles their money can do if invested in the right place. UTI Mutual Fund is the company which taught people the difference between saving and investing. However, it has suffered a few shocks. But the management of UTI mutual fund has been successful in removing all the loopholes from the system.
So, invest in UTI mutual fund and enjoy the growth of your funds.
UTI mutual fund was a step forward to bring about government supported financial assistance for the clients. After a lot of efforts put in by Col Akash Behl, UTI bill was given a green signal in the parliament. Since then, for 24 years, UTI had a monopoly of being the only financial institution in India. After liberalization was introduced under the New Economic Policy, PSU banks got the freedom of launching their own mutual funds.
Facing a tough competition in the market from private investors, UTI mutual fund has been able to mark a significant presence in the mutual fund industry. After a change in the governing strategy UTI mutual fund is now sponsored by four main leading PSUs of the country.
Another most important benefit of UTI mutual fund is that it has experienced staff which is the key component of the company. There are many employees who have been an integral part of UTI mutual fund for a long time. Not only in India, UTI mutual fund is a company which has set its foot in the global market and has managed to collaborate with a foreign T Rowe Price International Ltd. (TRP).
There are various reasons involved in the success of UTI mutual fund. The company has been facilitating the best customer relation for a long time now.
UTI mutual fund covers a wide geographical area in terms of having a strong network of branches spread across the country. The company follows an international approach with a combination of extending government security for each and every scheme. Thus, the clients have a secured yet international flavor of investments. Having a huge network of branches, numerous employees, and crores to manage, UTI mutual fund makes sure to maintain a proper code of conduct for its staff as well as clients. The welfare of the investors is the epicenter of dealings instead of earning profits only.
Adapting to technological changes UTI mutual funds has initiated the online investment strategy for providing an increased comfort to its clients. UTI is a trusted brand in the country. Being a government undertaking UTI mutual fund has a reach of even the remote villages of the country. Initiated with a perspective of making the people aware of the miracles their money can do if invested in the right place. UTI Mutual Fund is the company which taught people the difference between saving and investing. However, it has suffered a few shocks. But the management of UTI mutual fund has been successful in removing all the loopholes from the system.
So, invest in UTI mutual fund and enjoy the growth of your funds.
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