Functions Of Unit Trust Of India UTI - 2018-2019 StudyChaCha

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  #1  
Old September 27th, 2016, 09:33 AM
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Default Functions Of Unit Trust Of India UTI

What types of functions perform by Unit Trust Of India UTI and please also get details of company?
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  #2  
Old September 27th, 2016, 10:44 AM
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Default Re: Functions Of Unit Trust Of India UTI

I will tell you functions and details of Unit Trust Of India UTI so that you can remember easily and have idea about it.

The Unit Trust Of India UTI was setup to promote small savings from the lower and middle income people to the stock exchange by raising an opportunity to share the benefits and fruits of prosperity resulting from rapid industrialization in India.

Here are the functions
The main functions of UTI are as follows:
To encourage savings of lower and middle-class people.

To sell units to investors in different parts of the country.

To covert the small savings into industrial finance.

To give them an opportunity to share the benefits and fruits of industrialization in the country.

To provide liquidity to units.


Types of funds
Equity Funds

Balance Funds

Debt Funds

ETFs

Address:-
Unit Trust Of India UTI
'GN' Block, Bandra Kurla Complex Bandra (E), Mumbai - 400051.

Phone:-
1800 22 1230
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