UTI Asset Management Company announced a significant expansion in its distribution reach with the launch of 29 new Financial Centers. These offices will be inaugurated at the same time on 29 September, 2023 across all locations. This strategic move reflects UTI AMC's commitment to providing better financial services and accessibility to investors, further strengthening presence in the financial industry across India.

The 29 new UFCs are spread across the East, North, South, and West zones. Towards Eastern India, 8 centres are being opened covering BiharSharif and Ara in Bihar, Nagaon in Assam, Puri and Angul in Odisha, Deoghar in Jharkhand, Bankura and Jalpaiguri in West Bengal. In the Northern part, UFC is being opened in Hisar in Haryana.

Towards South, 9 new centres are being inaugurated spanning Anantapur and Kurnool in Andhra Pradesh, Karimnagar and Khammam in Telangana, Udupi in Karnataka, Malappuram, Palakkad, Kannur and Alappuzha in Kerala and Erode in Tamil Nadu. 10 new UFCs in Western India are being inaugurated in Korba in Chhattisgarh, Sagar and Ujjain in Madhya Pradesh, Chandrapur, Nanded, Ahmednagar, Satara, Dhule and Sangli in Maharashtra and Gandhidham in Gujarat.