Saturday, January 7, 2023

Update On ‘Bumper Offer’ As Circulated On Instant Messaging Tool- Telegram

This is with regards to a scheme that has been circulated on instant messaging tool-Telgram indicating a bumper offer scheme by UTI Mutual Fund. We would like to inform that no such offer or product on sale has been offered by UTI Mutual Fund. The scheme lures potential investors of a bumper return and in no circumstances we commit such returns.

We understand the impact this malicious offer may have on potential investors and hence are bringing this to the notice of relevant authorities for necessary legal action.

A strict action will be taken against such false/misleading offer in all such instances.

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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 190  domestic schemes / plans as on April 30, 2019.

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