According to sources, the Department of Posts has already communicated to the fund house that the PLI corpus would start flowing in the next 3-4 months. Various estimates confirm that PLI's annual accretion is about Rs 2 crore, half of which will come to UTI. The fund house expects to receive more than Rs 4,000 crore as investments from PSUs this year.
Apart from that, the fund house is also managing Rs 450 crore worth of pension assets under a separate subsidiary known as UTI Retirement Solutions.
Currently, it has two fund managers who will invest the corpus according to Pension Fund Regulatory and Development Authority (PFRDA) guidelines
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app