UTI Mutual Fund opens financial centre at Sambalpur, Orissa

Myiris.com, 23rd April, 2008

UTI Mutual Fund (UTI MF) has opened a new financial centre at Sambalpur, Orissa.
D Mohanty, Country Head-Retail, UTI Asset Management Company, said, ``This is the second UFC in the state of Orissa after Bhubaneswar and the first in the western part of the state. This initiative will enable us to offer our comprehensive range of mutual fund products to a wider segment of the society and bring our products and services closer to the doorstep of investor in the western part of Orissa.``
UFC at Sambalpur will provide easy access to the investors in the areas of Sambalpur, Jharsuguda, Bargarh, Deogarh, Sundergarh, Boudh, Bolangir, Sonepur, Kalahandi and Nuapada.
UTI Mutual Fund reaches clients through a number of distribution channels, including retail distribution consisting of regional offices, UTI Financial Centres, satellite offices, district representatives and collection centres, and independent financial advisors. Other distribution channels consist of institutions, private and foreign banks, PSU banks and post offices and corporate distribution houses.