UTI Mutual Fund: Building Trust

The main aim of everyone’s life is financial stability. The whole life s(he) earns and saves to lead a better life in the future. The hard-earned money is so crucial that one never dreams of losing it. Many times it happens that due to the fear of losing the funds, we opt not to invest anywhere. But, this is not justifiable at all.

The money that we save in bank accounts can be invested in the mutual funds and fetch comparatively higher returns. So, utilise your money for creating wealth. The UTI Mutual Fund is one of the prominent and trusted mutual fund brands in the investment market. The most important requirement while investing in the mutual fund is choosing the best AMC so as to be assured of safeguarding the monies.

The UTI Mutual Fund is the part of a renowned financial organisation of India, the Unit Trust Of India established under the UTI Act(1963). Due to its association with a legitimate organisation, it is one of the most trustworthy mutual funds of the country. The UTI MF was incorporated on 14th November 2002 under the sponsorship of the Punjab National Bank, the State Bank of India, the Bank of Baroda and the Life Insurance Corporation of India. The UTI Trustee Co.(P) Ltd., is the sole trustee of the UTI Mutual Fund.

The UTI Mutual Funds, are build to deliver the best mutual fund investment schemes to the investors across the country. They are offering varied plans which are designed to cater the requirements of different investors. The performance UTI MF in the past proves its efficiency in the Indian investment market. The asset size managed by the AMC as on 31st December 2015 amounted to Rs.106129.04.

The UTI Mutual Fund is committed to managing and maintain the best fund management practices and process based investments. It aims to deliver consistent and stable returns with medium to large term capital appreciation. It has a belief that a balanced and well-diversified portfolio with an in-house research-based approach can fulfil all the investment goals of the investors. Keeping in mind the vision of becoming the most preferred mutual fund in India, the UTI MF is performing immensely in the mutual fund investment market.

The UTI Mutual Fund has its tagline as, “ Haq, ek behtar zindagi ka.” With this, it aims to fulfil every desire of the investors and make their life a worth living. It provides the following benefits to the clients:

• Proper management of the fund
• Fulfilling the business as well as the social responsibilities
• Best services in the industry
• A trustworthy environment to safeguard the funds
• Tax benefits
• Consistent and stable returns

There are various schemes offered by the UTI MF, which is classified as per their nature into the following categories:

1.  Equity Fund 
2.  Debt Fund
3. Balanced Fund
4.  Speciality Fund

The investor has the choice of opting for any scheme as per his/her investment goals and requirements.

One can buy the UTI mutual fund online as well to fetch many other benefits and tools that can be used to make a better investment plan. The UTI Mutual Fund possesses every trait and thus is incapacitated to make a better future for the investors.

If you desire to put money into the UTI MF, you can avail the services of My SIP Online, which has an advisory committee who can help you in making the best investment decision.

UTI mutual fund extending schemes backed with government support

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.