UTI AMC’s total QAAUM for domestic mutual funds was INR1,336.3 billion, while Other AUM was INR8,493.9 billion as of 30 June 2020. With 10.9 million live folios as of 31 March 2020, its client base accounted for 12.2% of the 89.7 million folios that are managed by the Indian mutual fund industry.
As of 30 June 2020, its distribution network includes 163 UTI Financial Centres (UFCs), 257 Business Development Associates (BDAs) an Chief Agents (CAs) (40 of whom operate Official Points of Acceptance (OPAs)) and 43 other OPAs, most of which are in each case located in B30 cities. Its Independent Financial Advisors (IFA) channel includes approximately 53,000 IFAs as of 30 June 2020.
UTI AMC IPO allotment date is 07 October 2020 but the allotment might come on 08 October 2020. As per the subscription numbers, the basis of allotment UTI AMC IPO will be around 2:1