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This Article is From Sep 29, 2020

Anand Rathi: UTI AMC IPO Review

Anand Rathi: UTI AMC IPO Review
A coin is dropped into a piggy bank in this arranged photograph. (Photographer: Ron Antonelli/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

UTI Asset Management Company Ltd. established the first mutual fund in India and has been active in the asset management industry for more than 55 years.

UTI is the second largest asset management company in India in terms of total asset under management and the eighth largest asset management company in India in terms of mutual fund quarterly average asset under management (QAAUM) as of June 30, 2020.

UTI has the largest share of monthly average AUM attributable to B30 cities of the top ten Indian asset management companies by QAAUM as of June 30, 2020.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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