Latest news with #UTIAssetManagementCompany
Mint
10-07-2025
- Business
- Mint
UTI Asset Management Company shares surge over 6% to record high; here's why
Shares of UTI Asset Management Company (UTI AMC) surged over 6 percent on Thursday, July 10, reaching a new all-time high of ₹ 1,427.95. The rally followed the company's announcement of a details regarding final dividend payout and its upcoming 22nd Annual General Meeting (AGM), scheduled for the end of July 2025. The dividend proposal, which includes both a regular and a special dividend, signaled strong financial health and a shareholder-friendly approach, boosting investor sentiment. In a board meeting held on April 29, 2025, UTI AMC's Board of Directors recommended a final dividend of ₹ 48 per equity share for the financial year ended March 31, 2025. This consists of a normal dividend of ₹ 26 and a special dividend of ₹ 22 per share. The total dividend represents a payout of 480 percent on the face value of ₹ 10 per share. This dividend is subject to shareholder approval at the company's upcoming AGM. Once approved, it will be paid to all shareholders whose names appear in the company's register of members or as beneficial owners as of the close of business on July 24, 2025. UTI AMC will hold its 22nd Annual General Meeting on Thursday, July 31, 2025, at 4:00 PM IST. The meeting will be held through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in line with regulatory guidelines. Shareholders will consider and approve the company's audited financial statements for FY25, the proposed dividend, and the reappointment of Mr. Srivatsa Desikamani, a nominee director representing T. Rowe Price International Ltd. Record Date: Thursday, July 24, 2025 (to determine eligibility for dividend and e-voting) Book Closure: Friday, July 25 to Thursday, July 31, 2025 Remote E-Voting Period: Monday, July 28 (9:00 AM) to Wednesday, July 30 (5:00 PM) Shareholders holding shares as of the record date will be allowed to vote on AGM resolutions and will be eligible to receive the proposed dividend if approved. The stock is currently over 57 percent away from its 52-week low of ₹ 906.40, hit in March 2025. In the last 1 year, it has gained over 31 percent. In 2025 YTD, it has added over 6 percent giving positive returns in 4 of the 7 months so far. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
&w=3840&q=100)
Business Standard
10-07-2025
- Business
- Business Standard
UTI AMC rallies 6%, hits new high in weak market; here's why
UTI Asset Management Company (AMC) share price Shares of UTI Asset Management Company (AMC) hit a record high of ₹1,422.85, as they rallied 6 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market on expectations of a healthy business outlook. The stock surpassed its previous high of ₹1,407.95, touched on December 12, 2024. What's driving UTI AMC stock? Industry quarterly average assets under management or QAAUM reversed their declining trend and grew by ~8 per cent since Mar 2025 led by strong capital markets returns and healthy net inflows. The systematic investment plan or SIP inflows remained robust, reiterating retail investors' confidence. In June 2025, the mutual fund SIP inflows hit a fresh peak of ₹27,269 crore, up by 2 per cent from ₹26,688 crore in May. This is the first time that SIP inflows crossed the ₹27,000 crore mark. Improving capital market returns are expected to boost equity AUM growth, aiding the topline and treasury gains. SIP inflows are expected to remain strong, according to analysts at InCred Equities. 'We appreciate the overall healthy scheme-wise delivery by the industry which, in turn, continues to attract equity AUM. We believe the following key catalysts will continue to aid the inflow momentum - improving capital market sentiment and rising purchasing power, especially of the younger demographic segment, and falling interest rates. Healthy equity fund inflows are aiding the yield movement, and we expect overall yields to remain healthy in the medium term,' the brokerage firm said in sector report. Meanwhile, the Union Budget 2025-26 presented a clear, future-focussed blueprint. The theme of the Union Budget for 2025-26 was "Sabka Vikas" stimulating balanced growth of all regions. The budget also prioritises consumption-led expansion through revised tax slabs and increased deductions, significantly enhancing the disposable income of middle-class households. For the mutual fund industry, these developments are transformative. As more individuals seek structured investment avenues, institutions like UTI have a pivotal role to play. ALSO READ | Syrma SGS Technology hits 52-week high; rises 10% in two days; Details Despite strong mutual funds growth, India's mutual funds penetration (MF AUM-to-GDP ratio) remains relatively low compared to developed countries and some developing peers as well. However, low mutual funds penetration in India also reflects immense opportunities. While only a small fraction of the population currently invests in mutual funds, this very gap signals untapped potential. The opportunity is further amplified by India's rapidly growing middle class, which is seeing rising disposable incomes and a growing appetite for financial investments beyond traditional options, UTI AMC said in its FY25 annual report. Recent product launches (Quant Fund launched in Q4FY25 and Multi-Cap Fund in Apr'25) are likely to support equity inflows. Ongoing traction in hybrid funds and the rollout of smart beta and thematic offerings further enhance UTI AMC's positioning across investor segments, according to Motilal Oswal Financial Services (MOFSL). The brokerage firm expects UTI AMC to report AUM/Revenue/Core PAT CAGR of 17 per cent/13 per cent/20 per cent over FY25-27. Sustained strong performance has been a key re-rating driver for AMC stocks. UTI AMC's discount to other players has widened over the past few months, MOFSL said in June 2025 report. It reiterates BUY rating on UTI AMC with a one-year target price of ₹1,550, based on 19x FY27E EPS (28x Core EPS). Meanwhile, ICICI Prudential Asset Management Company has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). ICICI Prudential AMC is a joint venture between ICICI Bank and Prudential Corporation Holdings Limited, operating since 1998. It is the largest asset management company in India in terms of active mutual fund quarterly average assets under management (QAAUM) with a market share of 13.3 per cent as of March 31, 2025 (Source: CRISIL Report). ALSO READ | UTI AMC is Investment Manager to UTI Mutual Fund. UTI AMC is registered as Portfolio Manager with SEBI and through its subsidiary it acts as Fund manager for Alternate Investment Fund (AIF), among others. It also has a countrywide network of branches along with a diversified distribution network.
Business Standard
09-06-2025
- Business
- Business Standard
UTI Asset Management Company allots 34,077 equity shares under ESOS
UTI Asset Management Company has allotted 34,077 equity shares under ESOS on 09 June 2025. Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,28,01,71,170 (12,80,17,117 equity shares of face value of Rs 10 each) to Rs 1,28,05,11,940 (12,80,51,194 equity shares of face value of Rs 10 each). Powered by Capital Market - Live News
Business Standard
12-05-2025
- Business
- Business Standard
UTI Asset Management Company allots 18,149 equity shares under ESOS
UTI Asset Management Company has allotted 18,149 equity shares under ESOS on 12 May 2025. Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,27,99,04,930 (12,79,90,493 equity shares of face value of Rs 10 each) to Rs 1,28,00,86,420 (12,80,08,642 equity shares of face value of Rs 10 each).
Business Standard
30-04-2025
- Business
- Business Standard
UTI AMC slides as Q4 PAT tanks 46% to Rs 87 crore; declares dividend of Rs 48/sh
UTI Asset Management Company tumbled 2.30% to Rs 1,050.75 after the company's consolidated net profit tanked 46.26% to Rs 87.46 crore in Q4 FY25, compared with Rs 162.76 crore in Q4 FY24. Total revenue from operations fell 9.65% YoY to Rs 375.91 crore during the quarter. Profit before tax stood at Rs 154 crore in Q4 FY25, down by 29.34% from Rs 217.96 crore in Q4 FY24. The total assets under Management (AUM) for UTI Asset Management Company stood at Rs 21,05,349 crore. Equity assets (Active + Passive) contributed 69% to UTI MFs total average AUM. As on 31 March 2025, UTI MFs quarterly average assets under management (QAAUM) was Rs 3,39,750 crore. The ratio of equity-oriented QAAUM to non-equity-oriented QAAUM stood at 69:31, compared to the industry ratio of 60:40. The total number of live folios as of 31 March 2025 was 1.33 crore. Gross inflows mobilized through SIP for the quarter ended 31 March 2025 totaled Rs 2,215 crore. SIP AUM as of the quarter-end stood at Rs 37,591 crore, reflecting a growth of 22.26% compared to 31 March 2024. Digital purchase transactions increased to 49.71 lakh for the quarter ended 31 March 2025, marking a 42% rise compared to the same quarter in 2024. Imtaiyazur Rahman, managing director & chief executive officer, UTI AMC said, Financial Year 2025 has been an important one for UTI AMC in many aspects. The growth we witnessed reflects the resilience of our strategies and the confidence our investors have placed in us. We continue to have a strong hold in B30 cities vis-vis industry and to strengthen our presence further; we opened 68 new UTI Financial Centres across the length and breadth of the country. Another key milestone was the 25th anniversary of our Nifty 50 Index Fund, a testament to the trust our investors and stakeholders have in us. Considering the increased demand for diversification, we launched UTI Quant Fund in January 2025, followed by two additional passive funds, expanding our range of innovative investment solutions. We continue to offer competitive solutions to our investors and partners to make the most of the growth opportunities arising in this era of Viksit Bharat and create value for our stakeholders. The board of directors of the company has proposed a final dividend of Rs 26 per equity share and an additional special dividend of Rs 22 per equity share, taking overall final dividend to Rs 48 per equity share for financial year 2024-2025. The same is subject to the approval of shareholders at the ensuing annual general meeting. UTI Asset Management Company (UTI AMC) is Investment Manager to UTI Mutual Fund. It is incorporated under the Companies Act, 1956 and was approved to act as an Asset Management Company for UTI Mutual Fund by SEBI on 14th January 2003. UTI AMC is registered as Portfolio Manager with SEBI and through its subsidiary it acts as Fund manager for AIF, among others. It also has a countrywide network of branches along with a diversified distribution network.
