UTI Asset Management Company Ltd is primarily engaged in the activities of raising funds for and to render investment management services to schemes of UTI Mutual Fund. It is registered with SEBI under the SEBI (Mutual Funds) Regulations, 1996. It was the first to introduce Mutual Funds in India and is focused solely on Investment management and related services.
- UTI Asset mgmt reported Total revenue for Q4 FY23 of ₹301 Crore, unchanged from ₹301 Crore year on year.
- Total Expenses for Q4 FY23 of ₹179 Crore down, from ₹196 Crore year on year, a decline of 9%.
- Consolidated Net Profit of ₹86 Crore, up 59% from ₹54 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹6.75, up 59% from ₹4.25 in the same quarter of the previous year.