UTI AMC hires Group President & Head - Equity

Mr Vetri Subramaniam will be joining UTI Asset Management Company Limited (UTI AMC) as the Group President & Head-Equity. He will be in-charge of fund management of the equity schemes of UTI AMC aggregating to approximately Rs. 38,000 Crores.

Mr Subramaniam is an MBA from IIM, Bangalore and has been associated with fund management and Research over two decades. He is currently serving his notice period at Invesco Asset Management, where he is the Chief Investment Officer. He has also worked with companies like Kotak Mahindra Asset Management, Motilal Oswal Securities etc.

Mr Leo Puri, Managing Director, UTI AMC said, "We are pleased that Vetri Subramaniam will be joining us as our Head-Equity. Vetri with his vast experience in Fund Management and Research will help us to significantly strengthen our existing capabilities in Fund Management and Research"

About UTI Mutual Fund

UTI Mutual Fund is a SEBI registered mutual fund whose sponsors are State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India.

UTI Mutual Fund is one of the largest mutual funds in India with investor accounts of over 1 Crore under its 212 domestic schemes / plans as on June 30, 2016.