UTI Asset Management Company (AMC) on Thursday posted a 7 per cent decline in its consolidated profit after tax to Rs 237 crore for the quarter ended June 2025. The company had posted a profit after tax of Rs 254 crore in the same quarter of the preceding fiscal (2024-25). Its revenues from operations rose 3 per cent to Rs 547 crore in the quarter under review from Rs 529 crore in the April-June quarter of FY25, according to an exchange filing. "Q1 FY26 has offered a strong start to the financial year both for UTI AMC as well as the mutual fund industry. At the company level, we have seen a notable growth in AUM and steady SIP inflows depicting a progressive curve in the last quarter," Imtaiyazur Rahman, Managing Director & Chief Executive Officer, said. As of June 2025, the total group assets under management (AUM) for UTI AMC stood at Rs 21.93 lakh crore. UTI Mutual Funds' quarterly average asset base was at Rs 3.61 lakh crore.
Fund review: UTI Large Cap Fund
The fund aims to generate long-term capital growth by primarily investing in large and midcap stocks
LGIM pioneered and launched an Indian government bond-dedicated ETF in October 2021, which currently has around $700 million of assets, making it the largest of the five such ETFs
Known for his successful efforts in restructuring the erstwhile Unit Trust of India into UTI AMC and Specified Undertaking of UTI (SUUTI), Meleveetil Damodaran chaired Sebi from Feb 2005 to Feb 2008
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The month-end assets under management of the fund stood at Rs 7,203 crore as of December 2021, up from Rs 2,573 crore in December 2018.
Systematic investment plan is a disciplined mode of investing in mutual funds, through which one can invest a certain amount at regular intervals
Bombay HC recently dismissed the case citing delay in filing
The divestment, it said, has been approved to comply with Regulation 7B of the Securities and Exchange Board of lndia (Mutual Funds) (Amendment) Regulation, 2018
T Rowe had alleged that conditions had been created to delay the selling of stake as required by regulatory norms
The market regulator may not give blanket exemption and could ask the sponsors for partial divestment by March next year
The five-shareholder arrangement has not worked for UTI thus far. It took more than two years for the AMC to appoint a new chief after UK Sinha left the firm in February 2011