Committed to Serving Every Corner
Our sales team's tireless efforts to reach every corner of the country have contributed to the growing prevalence of financial inclusion across the nation. We strongly believe in providing exceptional value to our stakeholders, which is why we invest heavily in empowering our sales teams with cutting-edge capabilities. In addition, our extensive nationwide network is a reflection of our steadfast commitment to building mutually beneficial relationships with our distribution partners and fostering continuous development.
Our sales teams have been instrumental in fostering strong and enduring relationships with our distributors. In addition to our own UFCs, District Associates, and Official Points of Acceptance, these relationships have been nurtured year after year. As a result, we have been able to reach every nook and corner of the country, creating an expansive network that enables us to better serve our customers and cater to their unique needs.
166
UFCs
657
Core Sales Team
~ 62,500
Mutual Fund Distributors
210
District Associates
66.3 %
Percentage of Distributors with a relationship spanning over 5 years
Our Pan-India Presence
Disclaimer: This map is a generalised illustration only for the ease of the reader to understand the locations, and it is not intended to be used for reference purposes. The representation of political boundaries and the names of geographical features/states do not necessarily reflect the actual position. The Company or any of its directors, officers or employees, cannot be held responsible for any misuse or misinterpretation of any information or design thereof. The Company does not warrant or represent any kind of connection to its accuracy or completeness.
Diversified Expansion
We continue leveraging our position in B30 cities where we have a significant exposure as compared to that of industry. Our size and wide reach provides us with economies of scale in reaching out to potential investors as well as reinforcing our relationship with the existing ones.
In terms of penetration, India stands relatively lower in mutual fund investments and the opportunities to cater to these investors stand large and wide. Our strategy has been focused in enhancing our network to different regions with the assistance of our in-house sales cadre and distributor partners’ leverage.
| B30 Performance | FY 2022-23 |
|---|---|
| UFCs | 108 |
| Increase in Number of Folios | 2,51,194 |
| Contribution of B30 to UTI MAAUM* | 22% |
| Contribution of B30 to Industry MAAUM* | 17% |
*Monthly Average Assets Under Management
| Contribution to AUM from B30 cities | FY 2022-23 |
|---|---|
| Direct | 19% |
| Banking and National Distributors (BND) | 9% |
| Mutual Fund Distributors (MFD) | 72% |
Committed to Partnering Growth
We have empowered our distributors with cutting-edge technologies that provide seamless interface both in physical and digital manner. Our relationship with our partners goes beyond monetary benefits and we constantly endeavour to create value for them and foster ease while dealing with UTI AMC brand. For instance, Insta Pay facility was launched to facilitate immediate payouts for our partners.
Our phone relationship team reaches remote and underserved areas, exemplifying our commitment to deliver quality service. We have also assembled specialised teams that cater to clients.
We remain committed to keep nurturing and expanding our network to better serve our customers and stakeholders, while cultivating meaningful relationships with our partners to achieve our shared objectives.
Empowering our Relationships Internally
Our nationwide presence is reinforced by the dedication of our Relationship Managers (RMs). By guiding customers through every step of their journey, they not only foster strong bonds but also contribute to the exceptional customer experience synonymous with UTI AMC. We acknowledge the critical role played by our RMs and provide them with the resources and support they need to deliver unparalleled service to our valued customers.