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UNIT TRUST OF INDIA(UTI)
Introduction to UTI.
UTI came into existence.
In 1963, during a period marked by great political and
economic uncertainty in India.
With war, on the border and economic turmoil that depressed
the financial market.
The company and the entrepreneur were formed difficult to access
the equity market.
To channelize saving of the community into equity market to make
them available for the companies speed up the process of industrial
growth, UTI was organized.
STRUCTURE.
Under provision of the act.
Chairman of the Board of UTI.
Was appointed by the government of India.
Perform its function.
Based on commercial principle keeping in mind the interest of the
unit holder under various schemes.
Since UTI does not have any share capital it operates on the
principle of no profit no loss.
Primary Objectives of UTI.
To give them an
opportunity to share the
benefits.
To promote and pull the
small savings.
Other Objectives of UTI.
To encourage the savings of people.
To mobilize the savings from the small savers.
To channelize savings to industrial growth.
To allow investors to participate.
Power and Functions.
• To sell units to investors in different parts of the
country.
• To cover the small savings into industrial finance.
• To provide liquidity to unit.
Operation
practices of UTI.
It helps to
mobilize savings.
Channelization
of funds.
Distribution of
assistance
Financial
assistance to
corporate
enterprise.
UTI

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UTI

  • 2. Introduction to UTI. UTI came into existence. In 1963, during a period marked by great political and economic uncertainty in India. With war, on the border and economic turmoil that depressed the financial market. The company and the entrepreneur were formed difficult to access the equity market. To channelize saving of the community into equity market to make them available for the companies speed up the process of industrial growth, UTI was organized.
  • 3. STRUCTURE. Under provision of the act. Chairman of the Board of UTI. Was appointed by the government of India. Perform its function. Based on commercial principle keeping in mind the interest of the unit holder under various schemes. Since UTI does not have any share capital it operates on the principle of no profit no loss.
  • 4. Primary Objectives of UTI. To give them an opportunity to share the benefits. To promote and pull the small savings.
  • 5. Other Objectives of UTI. To encourage the savings of people. To mobilize the savings from the small savers. To channelize savings to industrial growth. To allow investors to participate.
  • 6. Power and Functions. • To sell units to investors in different parts of the country. • To cover the small savings into industrial finance. • To provide liquidity to unit.
  • 7. Operation practices of UTI. It helps to mobilize savings. Channelization of funds. Distribution of assistance Financial assistance to corporate enterprise.