Uti Asset Management Co. Ltd. · NSE:UTIAMC
Uti Asset Management — Q3 FY2024-25 Earnings Presentation
48 slides from Uti Asset Management's earnings presentation, Jan 29, 2025
Slide 1: Exchange filing cover letter for investor presentation
UTI Asset Management Company Limited UTI Mutual Fund Ref. No.: UTI/AMC/CS/SE/2024-25/0507 Date: 28th January, 2025 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Dalal Street Bandra East Mumbai – 400 051. Mumb
Slide 2: Investor Presentation Q3 & 9M FY2024-25
UTI Asset Management Company Limited Investor Presentation Q3 & 9M FY2024-25
Slide 3: A Customer Centric Global Asset Management Firm
A Customer Centric Global Asset Management Firm UTI Mutual Fund Pioneer in India ₹ 20.77 lakh crore in 699 Districts covered Presence across 35+ Strong Governance AUM* across India Countries practices • Oldest Mutual Fund in • Focused solely on • Well spread presence • International • Professionally
Slide 4: Performance Highlights
Information Classification: UTI AMC - Confidential UTI Mutual Fund ~' V "'_ ~ Qo . "-"' Performance Highlights 3
Slide 5: Key Performance Indicators
® Key Performance Indicators uti UTI Mutual Fund Flows, Folios & Consolidated 9M FY25 Company Presence Business Highlights Market share Financial Performance Market Share Total Revenue 13% YoY 711 Core Sales Team Total Group AUM* Total MF QAAUM ₹ 20,77,125 cr 5.14% Core Revenue# 18% YoY, 3% QoQ 223
Slide 6: Group AUM Increased by 18% YoY
® Group AUM Increased by 18% YoY uti UTI Mutual Fund December 2023 September 2024 December 2024 2,85,256, 2,72,945, 3,35,930, 3,43,193, 16.22% 3,42,549, 1,943, 15.52% 16.66% 16.52% 3,52,412, 16.99% 16.97% 0.11% 2,856, 2,730, 0.14% 0.13% 28,282, 1.61% 29,814, 29,301, 1.48% 1.41% 13,05,267, 13,49,489,
Slide 7: Witnessed 29% YoY Growth in QAAUM
® Witnessed 29% YoY Growth in QAAUM uti UTI Mutual Fund Domestic MF Closing Domestic MF QAAUM Total MF QAAUM, Growth AUM (₹ cr) (₹ cr) and Market Share 29.11% YoY Equity 95,339 96,988 3,42,549 3,52,412 Hybrid 32,022 31,808 2,72,945 ETFs & Index 1,45,061 1,48,949 Cash & Arbitrage 35,883 40,296 Income
Slide 8: Category Wise QAAUM; Passive demonstrates 43% YoY growth
Category Wise QAAUM; Passive demonstrates 43% YoY growth UTI Mutual Fund (₹ crore) 20.55% YoY 28.77% YoY Category wise QAAUM, 98,638 96,988 80,455 Growth and Market Share 30,356 31,808 24,701 Hybrid Equity 4 categories have shown >20% growth YoY Dec'23 Sep'24 Dec'24 Dec'23 Sep'24 Dec'24 ( 4.02% )...
Slide 9: Trend in Net Sales
® Trend in Net Sales uti - - - - - - - - - - - - - - - - - - - - - - - -~U~T:IMutualfund Quarterly Net Sales 10,214 6,022 3,799 ■ Q3 FY24 3,298 3,527 2,589 ■ Q2 FY25 2,091 2,227 ■ Q3 FY25 1,253 968 1,264 • -1,001 -1,293 58 -134 • - --151 -491 -2,303 Equity Hybrid ETFs & Index Cash & Arbitrage Income
Slide 10: SIP to remain the Cornerstone for AUM Performance
SIP to remain the Cornerstone for AUM Performance UTI Mutual Fund Monthly Gross SIP Inflow (₹ crore) 728 726 749 707 672 679 607 618 624 572 593 590 590 Dec'23 Jan'24 Feb'24 Mar'24 Apr'24 May'24 Jun'24 Jul'24 Aug'24 Sep'24 Oct'24 Nov'24 Dec'24 Long Tenure SIP Book(1) 29.36% ₹ 8,707 cr More than 10 Y
Slide 11: UTI AMC – Strong Geographical Presence
UTI AMC – Strong Geographical Presence UTI Mutual Fund UTI Financial J&K 223 Centers (UFCs) 1 Chandigarh Himachal 1 Pradesh 2 Uttarakhand Sikkim Assam Haryana 3 Delhi 1 6 UTI AMC 7 5 1,477 Employees* Rajasthan Uttar Pradesh 11 16 Bihar 9 Meghalaya Jharkhand 1 Core Sales Team Gujarat Madhya Pradesh 6
Slide 12: Multi-Channel Distribution Network brings Stability
Multi-Channel Distribution Network brings Stability UTI Mutual Fund Total QAAUM Equity + Hybrid QAAUM (in %) (in %) Direct 33 Direct 68 Dec ’23 Dec ’23 MFDs 28 MFDs 56 BND Direct ■5 BND - 11 69 Direct 33 Sep ’24 Sep ‘24 MFDs 23 MFDs 56 BND - 7 BND - 11 Direct 70 Direct 34 Dec ’24 Dec’24 MFDs 23 MFDs
Slide 13: Outpacing the Industry in B30 cities
Outpacing the Industry in B30 cities UTI Mutual Fund Monthly AAUM - December 2024 UTI Mutual Fund Network of 223 branches with 172 branches located in B30 cites as of 31st December 2024 T30 79% Our established presence in B30 cities has enabled us to attract new clients, and positions us to capitali
Slide 14: Consolidated Statement of Profit & Loss
® Consolidated Statement of Profit & Loss uti UTI Mutual Fund Particulars (In cr.) Q3 FY25 Q3 FY24 YoY (%) Q2 FY25 QoQ (%) 9M FY25 9M FY24 YoY (%) Total Revenue from Operations 418 449 (7%) 538 (22%) 1485 1321 12% Other Income 2 1 100% 2 - 9 3 200% Total Income 420 450 (7%) 540 (22%) 1494 1324 13% F
Slide 15: Standalone Statement of Profit & Loss
® Standalone Statement of Profit & Loss uti UTI Mutual Fund Particulars (In cr.) Q3 FY25 Q3 FY24 YoY (%) Q2 FY25 QoQ (%) 9M FY25 9M FY24 YoY (%) Total Revenue from Operations 329 346 (5%) 417 (21%) 1132 1010 12% Other Income 1 1 - 1 - 6 1 500% Total Income 330 347 (5%) 418 (21%) 1138 1011 13% Fee &
Slide 16: Details of Consolidated Sale of Services
® Details of Consolidated Sale of Services uti UTI Mutual Fund Particulars (In cr.) Q3 FY25 Q3 FY24 YoY (%) 9M FY25 9M FY24 YoY (%) MF Fees 299 222 35% 861 666 29% PMS Fees 8 7 14% 23 20 15% SUUTI Support Service Fees - 2 (100%) - 5 (100%) POP Fees & others - - - - 1 (100%) Sale of Services - UTI AM
Slide 17: Balance Sheet
® Balance Sheet uti UTI Mutual Fund (₹ crore) Particulars Consolidated Standalone As at 31 Dec As at 31 Mar As at 31 Dec As at 31 Mar % (+/-) % (+/-) 2024 2024 2024 2024 Assets: ,i -------1I__________I I____________. Financial Assets 5101 4850 5% 3594 3515 2% Non-Financial Assets 479 491 (2%) 462 46
Slide 18: Ratio Analysis
Ratio Analysis UTI Mutual Fund 37 34 34 34 23 21 22 14 13 17 17 12 Operating Operating Operating Operating Operating Operating Revenue Expenses Margin Revenue Expenses Margin ■ FY23 ■ FY24 ■ 9M FY2024 ■ 9M FY2025 Consolidated PAT Margin (%) Consolidated Return on Equity (%) 42% 44% 43% 40% 34% 19% 1
Slide 19: Breakup of Consolidated investments
® Breakup of Consolidated investments uti UTI Mutual Fund As on 31st December 2024. (₹ crore) Breakdown of Total Investment Investment in UTI MF Schemes 2690 Equity# 363 + Hybrid 427 8% Liquid, Debt & Arbitrage 1900 8% Offshore Funds 668 Total Equity 475 Investments: 17% Debt / Hybrid 193 ₹ 3,984 cr
Slide 20: Growing Online Transactions reflect Acceptance of Digital
® Growing Online Transactions reflect Acceptance of Digital uti UTI Mutual Fund Quarterly Online Gross Sales Number of Digital Purchase Sales through Digital Platforms (as % of Total Gross Sales) Transactions (in Lakhs) (as a % of Equity & Hybrid MF Gross Sales) 96.40% 95.31% 126.54 53.00 94.50% 94.
Slide 21: Investor Services Key Indicators for the Quarter
Investor Services Key Indicators for the Quarter 2.37 lakh 0.51 lakh 3 seconds 0.8 lakh Total Call Volume Total Call Volume Average Speed of Live Chats Outbound Inbound Answer offered • 50% inbound Calls served via Self service IVR for • Chat with Live Agent for Assistance via WhatsApp & Contact Cen
Slide 22: UTI International Ltd. – Spreading our Wings
® UTI International Ltd. – Spreading our Wings uti UTI Mutual Fund Our Indian Equity fund (IDEF) domiciled in Ireland, with an AUM of USD 1008.13 million is being widely recognized and Assets Under Management of ₹ 29,301 recommended crore as of 31st December 2024 Received registration from the Secur
Slide 23: UTI Pension Fund Ltd. – Reaching New Heights
® UTI Pension Fund Ltd. – Reaching New Heights uti UTI Mutual Fund UTI PFL, Growth and Market PFRDA Licensed for Share managing Pension Manages 25.02% of the Funds and carrying out NPS Industry AUM as 20.31% YoY PoP Operations on 31st December 2024 3,35,930 3,43,193 2,85,256 Managing 100% Government
Slide 24: UTI Alternatives Pvt. Ltd. – Investing across the Credit Spectrum
UTI Alternatives Pvt. Ltd. – Investing across the Credit Spectrum UTI Mutual Fund PERFORMING CREDIT (PASSIVELY 100% subsidiary of UTI AMC Ltd, mandated to FUND OF FUNDS IN IFSC GIFT MANAGED) manage and grow the private capital CITY • Primarily invest in investment grade NCDs investment business • 3
Slide 25: Other Subsidiaries - Financial Highlights
® Other Subsidiaries - Financial Highlights uti UTI Mutual Fund (₹ crore) UTI HART Financial And Particulars UTI International Ltd UTI Pension Fund Ltd* UTI Alternatives Pvt. Ltd Investment Services Ltd# 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 AUM 29,301 28,282 3,43,193 2,85,
Slide 26: About the Company
25 Information Classification: UTI AMC - Confidential UTI Mutual Fund About the Company 25
Slide 27: UTI AMC – Our Vision and Mission
UTI AMC – Our Vision and Mission UTI Mutual Fund To be The MOST ' PREFERRED , • The Most Trusted Brand, admired by all stakeholders Asset Manager Asset Manager with a • Diverse Suite of Products & Global Presence Enableour • Customers to Achieve Their Financial Goals • . Employer of First Choice . I
Slide 28: Focus is the Essence of Our Business
Focus is the Essence of Our Business Performance-Driven Organisation with a Purpose Drive Common Take Collective Respect and Support Encourage Encourage Open Pursue Innovation Organisation Ownership and Each Other Meritocracy Discussion and Take Goals, Individual and Debate Calibrated Risks Beyond A
Slide 29: Our Continuous Endeavour is to
® Our Continuous Endeavour is to uti UTI Mutual Fund Further Build Execute Key Build and Embed ESG our Operations and Retain Highly Principles Distribution Enhance our Technology Competent across the firm Build Excellent Capabilities standing as a Driven Augment our and to be Investment and Strength
Slide 30: Diversified Shareholding
Diversified Shareholding UTI Mutual Fund 0.11% 1.67% UTI AMC has no identifiable promoters 7.85% 22.80% 9.73% State Bank of India, Bank of Baroda and Life Insurance Corporation of India hold 9.90% share 13.04% capital each 15.10% 9.90% T. Rowe Price International Ltd. – a global 9.90% 9.90% investme
Slide 31: UTI AMC – Group Structure
UTI AMC – Group Structure UTI Mutual Fund Investment Manager to UTI Mutual Fund UTI Asset Management Investment Manager to Offshore Funds Company Limited PMS (includes EPFO, CMPFO and 100% Subsidiaries PLI Funds) UTI HART Financial UTI International UTI Alternatives UTI Pension Fund And Investment L
Slide 32: Key Business Focus Areas
® Key Business Focus Areas uti UTI Mutual Fund Growth of Consistent Geographical Development of International, Spread Across Human Capital Pension & the Country Alternate Business ••• ~ ~ • -- - ••• • ✓A'- ~ • • • ,ri-~ ,.,.-=:11 ~ rl• --- - ---- · (§) Attracting Right Prudent Opportunities Leveragi
Slide 33: Prudent Investment Management Policies
Prudent Investment Management Policies UTI Mutual Fund Risk Monitoring Risk Identification • Investment Committee • Stress Testing • Digital Transformation Committee • Product Development • Executive Risk Management Process Committee • Risk Control Self • Information Security Assessment Fund Fund &
Slide 34: UTI AMC – Fund Management Process
UTI AMC – Fund Management Process UTI Mutual Fund 1 • In-house research team • Disciplined approach towards portfolio construction • Diverse Investment strategies - driven by investment objectives and risk framework Proprietary Investment Investment Management Processes Process 4 2 • Keeping investo
Slide 35: Responsible Investment Strategy
Embedding ESG in our Investment Decisions UTI Mutual Fund Sector-specific framework to understand and manage ESG ESG Framework risk consistently across portfolio holdings Integration Responsible Investment Strategy Helps in evaluating the ESG performance of a company on an Integrating material ESG E
Slide 36: Enabling Business Digitally
Enabling Business Digitally UTI Mutual Fund 24x7 Digital Channels • Access at your convenience anytime anywhere, with Mobile App & Website- Improved UI/UX and seamless transactional journeys • Revamped website utimf.com for exploring, investing, enquiry and servicing. Website is PWA enabled, and SEO
Slide 37: Digital Client Acquisition Cycle
® Digital Client Acquisition Cycle uti UTI Mutual Fund Reach ----------➔ Act ------> Convert - - - - - - - - - -> Engage Submit a Lead Invest via Mobile App Search Remarketing SEO Social via Google, Media Invest Now Invest via Website Email/SMS/ Facebook, Platforms WhatsApp/ YouTube 1 notification I
Slide 38: Current Digital Ecosystem at UTI AMC
Current Digital Ecosystem at UTI AMC UTI Mutual Fund Riding on Best-in-Class Technology and Partner Ecosystem Front Office Middle Office Back Office (Revenue generating & Customer facing) (Risk & Compliance) (Accounting, Technology, HR, Finance) Research & Investment Risk & Brand Message Fund Human
Slide 39: Developing Digital Resources to be Future Ready
® Developing Digital Resources to be Future Ready uti UTI Mutual Fund • Tapping Emerging Segments • Driving Digital Partnerships & Sales via Paid & Organic Mediums Grow New Optimize • Identified Focus Areas & the Growth Roadmap Cost • Digitizing Operations to Reduce Cost Core Avenues • Enabling Sale
Slide 40: UTI AMC – Sustainability
UTI AMC – Sustainability UTI Mutual Fund • UTI AMC has incorporated ESG Strategy within its business operations and considering the same, the ESG rating agencies have started evaluating the Company. The ESG Rating Agency “Sustainalytics” has progressed our score from ‘High Risk’ to ‘Medium Risk’ (fr
Slide 41: UTI AMC Board of Directors - Composition
UTI AMC Board of Directors - Composition UTI Mutual Fund UTI AMC is a professionally managed company Geographical Board Women Directors Representation Composition Representation 1 1 3 4 3 5 7 ■ Domestic •Overseas ■ Independent Directors •Women Director ■ Non-Executive Non-Independent Directors ■ Man
Slide 42: UTI AMC - Board of Directors
UTI AMC - Board of Directors UTI Mutual Fund Mr. Dinesh Kumar Mehrotra Mr. Flemming Madsen Mr. Narasimhan Seshadri Non-Executive Chairman & Independent Director Non-Executive Nominee Director Independent Director Mr. Narasimhan Seshadri is an Independent Director of Mr. Dinesh Kumar Mehrotra is a No
Slide 43: UTI AMC - Board of Directors
UTI AMC - Board of Directors UTI Mutual Fund Mr. Deepak Kumar Chatterjee Ms. Jayashree Vaidhyanathan Mr. Santosh Kumar Independent Director Independent Director Non-Executive Nominee Director Mr. Deepak Kumar Chatterjee is an Independent Director Ms. Jayashree Vaidhyanathan is an Independent Mr. San
Slide 44: UTI AMC - Board of Directors
UTI AMC - Board of Directors Mr. Srivatsa Desikamani Mr. Imtaiyazur Rahman Managing Director & CEO Non-Executive Nominee Director Srivatsa Desikamani is Non-Executive Nominee Director of the Company. He is Head of Strategy and Corporate Mr. Imtaiyazur Rahman is the Managing Director & Chief Executiv
Slide 45: UTI AMC - Trustees
UTI AMC - Trustees UTI Mutual Fund Mr. Suhail Nathani Mr. Suhail Nathani Suhail Nathani is Independent Director of UTI Trustee Company Private Limited. He has completed M.A. in Law from Cambridge University and LLM from Duke University. He is also the Co-Founder and Partner of the ‘Economic Laws Pra
Slide 46: Thank You
Information Classification: UTI AMC - Confidential REGISTERED OFFICE: UTI Tower, 'Gn' Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Thank You Phone: 022 – 66786666. UTI Asset Management Company Limited (Investment Manager for UTI Mutual Fund) E-mail: [email protected] 45 Mutual Fund Inv
Slide 47: Press Release: Q3 and 9M FY2024-25 Results
R PRESS RELEASE - - - - - - - UTI Mutual Fund UTI Asset Management Company Limited Q3 and 9M FY2024-25 Results Consolidated Net Profit stood at ₹ 151 crore in Q3 FY2024-25 ₹ 644 crore in 9M FY2024-25 UTI Asset Management Company Limited announced its financial results for the period ending 31st Decemb
Slide 48: Press Release: Consolidated Financial Highlights
R PRESS RELEASE - - - - - - - UTI Mutual Fund • Profit before tax for the third quarter of FY2024-25 was at ₹ 221 crore, down by 15% YoY and 34% QoQ. Core Profit before tax was ₹ 176 crore for Q3 FY2024-25, up 75% YoY and 4% QoQ. • The quarterly profit aDer tax stood at ₹ 151 crore in Q3 FY24-25, down
Uti Asset Management — Q3 FY2024-25 Earnings Presentation on 6ix