#1xxxxx uti UTI Mutual Fund UTI Asset Management Company Limited Investor Presentation UTI AMC Q1 FY 23 CONVICTION. CAPABILITIES. COMMITMENT. Private and Confidential | Mumbai, India | June 2022 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#2UTI AMC - A Customer centric Global Asset Management Firm Pioneer in India Oldest Mutual Fund in India & a trusted household brand First to launch Equity Mutual Fund, Children's Plan 01 + • • INR 13.82 lakh crore in AUM* Focused Solely on Investment Management and related services Presence across various business segments like Mutual Funds, Alternate Investment Funds, Retirement Business and Portfolio Management Services 699 Districts covered across India Well spread presence through DAs, MFDs, Banks, National Distributors and Fin-tech Partnering with ~58,500 MFDs Strong Penetration in B30 cities with high share Presence across 38 Countries International Presence through UTI International Own Offices in Singapore, London, Dubai & Paris • Strong Governance practices Professionally managed listed company with no identifiable promoters Strong independent Board with 6 out of 10 members independent • 2 Women Directors in UTI AMC. Women Directors present in UTI International, UTI RSL & UTI Capital *Total AUM includes QAAUM for UTI MF, Closing AUM as of 30th June 2022 for all other business 01 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#3UTI AMC Our Vision and Mission UTI TOWERON ៧ VISION ☐ To be the most preferred Asset Manager MISSION 1 Most trusted brand, admired by all stakeholders Most efficient Wealth Manager with global presence Deliver best-in-class service The most preferred employer The most innovative wealth creator ☐ A socially responsible organization, known for best corporate governance uti UTI Mutual Fund Haq, ek behtar zindagi ka. 02#4Focus is the Essence of our Business Long-Term Success Performance-driven with purpose ☑ Investment Excellence Investors First Focus of our existence Investor success leads to our success Co-operation and Collaboration Bringing out the best ideas Trust and Mutual Respect Long Term relationships Thinking Long- Term Can bring competitive advantage uti UTI Mutual Fund Haq, ek behtar zindagi ka. 03#5Our Continuous Endeavour is to Build and retain highly competent and Motivated investment team across asset classes Build excellent investment systems and processes. Further build our distribution capabilities and strengthen existing relationship with our partners Enhance our standing as a leader in Retirement and AIF business Execute key operations and technology driven initiatives to improve efficiency, security, and agility Increase our International presence further Embed ESG principles across the firm to be admirable stewards of client / shareholder capital Achieve investment performance for our investors + 04 Returns for our shareholders in the long term uti UTI Mutual Fund Haq, ek behtar zindagi ka.#6Healthy Mix of Shareholders 8.22% 1.10% 6.31% 2.57% 13.67% 9.98% 9.98% 22.97% T.Rowe Price INVEST WITH CONFIDENCE पंजाब नैशनल बैंक punjab national bank QSBI LIC भारतीय जीवन बीमा निगम LEINANCE COMPOR ON F ਔਨ ਤਨ ਕਵੀਸ਼ Bank of Baroda 15.22% Mutual Funds Retail Shareholders Foreign Portfolio Investors Alternate Investment Funds Others 9.98% UTI AMC is a professionally managed company with no identifiable promoters - T. Rowe Price International Ltd. a global investment management firm is largest shareholder State Bank of India, Bank of Baroda and Life Insurance Corporation of India divested their stake to below 10% As of 30th June 2022 M 55 05 Punjab National Bank, which has no other AMC business, has a 15.22% holding uti UTI Mutual Fund Haq, ek behtar zindagi ka.#7Key Performance Indicators K 1 Assets Under Management Total AUM* INR 13,81,545 Crore MF QAAUM INR 2,24,279 Crore Market Share Profitability Q1 FY23 vs Q1FY22 NPS AUM 27.37% Revenue growth (12%) Core Revenue growth# 10% MF AUM 5.94% Other AUM^ INR 11,57,266 Crore Equity AUM 5.00% EBIITDA growth (41%) Core EBITDA growth+ 18% PAT growth (39%) Core PAT growth+ 29% Flows & Folios Gross Sales@ SIP Gross Sales@ Live folios INR 2,19,706 Crore INR 1,550 Crore 1.20 Crore *Total AUM includes QAAUM for UTI MF and Closing AUM as of 30th June 2022, for all other business ^Other AUM: total Closing AUM as of 30th June 2022, for all other business except Mutual Funds # Core Revenue is Revenue from Sales of Services + Core EBITDA and Core PAT exclude M2M gain, Income from Sale of Investment and Other Non-Operating Income @For the Quarter 06 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#8uti UTI Group uti UTI Mutual Fund Haq, ek behtar zindagi ka.#9UTI AMC Structure UTI AMC Ltd. Investment Manager 100% Subsidiaries to UTI Mutual Fund Support Services to SUUTI UTI International Ltd UTI Venture Fund Management Co. Ltd. UTI Retirement Solutions Ltd. UTI Capital Pvt. Ltd. 08 Investment Manager to Offshore Funds PMS (includes EPFO, CMPFO, ESIC and Postal Life Funds) Manager for International (Offshore) Funds Manager for Venture Funds Manager for Pension Funds Manager for Private Equity & Debt Funds uti UTI Mutual Fund Haq, ek behtar zindagi ka.#10Group Assets Under Management for UTI AMC increased by ~15% YoY June 2021 June 2022 INR crore 1,213 (0.14%) 1,76,338 (15%) 1,87,210 (16%) 30,498 (02%) 1,551 (0.11%) 2,03,786 (15%) 2,24,279 (16%) 25,990 (02%) March 2022 Total INR Total INR 13,81,545 crore 12,00,882 crore 1,088 (0.08%) 2,01,919 (15%) 2,23,842 (17%) 28,974 (02%) 8,05,623 (67%) 9,25,938 (67%) Total INR 13,48,905 crore 8,93,082 (66%) UTI MF PMS UTI International UTI RSL UTI Capital 09 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#11UTI MF - one of the few AMC to witness AUM growth in the quarter Domestic MF Closing AUM as on 30th June 2022 Equity INR 64,434 crore ETF Hybrid INR 24,984 crore ili ETFs & Index INR 64,299 crore Liquid INR 43,973 crore Income INR 12,312 crore MF Closing AUM INR 2,10,002 crore Domestic MF QAAUM for the quarter ended 30th June 2022 Equity INR 66,693 crore ETF Hybrid INR 25,702 crore ili ETFs & Index INR 65,199 crore Liquid INR 52,322 crore Income INR 14,363 crore 10 MF QAAUM INR 2,24,279 crore uti UTI Mutual Fund Haq, ek behtar zindagi ka.#12Outpacing the industry -19.8% YoY QAAUM growth, industry grew at 13.8% Source: AMFI, Internal. Jun 21 1,87,210 Jun 21 5.64% Total QAAUM YoY 19.8% 2,23,842 2,24,279 Mar 22 Market Share - Total QAAUM Mar 22 11 5.83% Jun 22 Jun 22 INR crore 5.94% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#13Keystones in Growth --23.5% YoY growth in Equity QAAUM 54,009 Equity QAAUM INR crore YoY 23.5% 69,287 66,693 Jun 21 Mar 22 Jun 22 Market Share - Equity QAAUM 5.12% 5.17% 5.00% 23,471 Hybrid QAAUM INR crore YoY 9.5% 26,444 25,702 Jun 21 Mar 22 Jun 22 Market Share - Hybrid QAAUM 5.88% 5.05% Jun 21 Mar 22 Jun 22 Jun 21 Mar 22 Jun 22 Source: AMFI, Internal. 12 4.89% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#14Liquid QAAUM witnessing steady growth Income QAAUM INR crore YoY -34.3% 21,874 17,816 14,363 Jun 21 Mar 22 Jun 22 Market Share - Income QAAUM 2.50% 2.34% 2.15% 43,184 Liquid QAAUM INR crore YoY 21.2% 52,322 47,848 Jun 21 Mar 22 Jun 22 Market Share - Liquid QAAUM 6.66% 6.62% Jun 21 Mar 22 Jun 22 Jun 21 Mar 22 Jun 22 Source: AMFI, Internal. 13 7.19% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#15Passive Funds Gaining Traction - clocking -46% YoY growth Index & ETFS QAAUM Source: AMFI, Internal. Jun 21 44,672 Jun 21 13.09% YoY 45.9% 62,447 Mar 22 Market Share - Index & ETFS QAAUM Mar 22 14 12.80% 65,199 Jun 22 INR crore Jun 22 12.53% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#16Trend in Net Sales Quarterly Net Sales for ETF & Index capture -11.8% of Industry Hybrid 2,346 1,953 975 850 Equity Quarterly Net Sales 4,854 -164 ETFs & Index Income -2,875 -3,230 Yearly Net Sales 14,187 8,931 8,985 Hybrid 5,308 429 567 -309 -442 -1,848 Source: Internal. Equity Income 1,203 -1,181 -9,397 ETFs & Index -14,137 15 INR crore 7,128 5,832 Liquid 358 3,771 Total ■ Q1FY22 ■ Q1FY23 INR crore Total 19,428 12,565 FY 2019-2020 6,804 5,140 FY 2020-2021 Liquid -7,751 FY 2021-2022 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#17Key Business Focus Areas 1 ₹ Consistent Development of Human Capital 3 Prudent Investment Management Process 2 Geographical Spread Across the Country Growth of International, Retirement and Alternate Business Ell. Leveraging Digital Adoption 4 5 Attracting Right Opportunities through Partnerships 6 uti UTI Mutual Fund Haq, ek behtar zindagi ka. 16#181. a) Prudent Investment Management Policies เน Risk Control • Avoidance . Transfer Mitigation • Risk Identification • Stress testing • Product development process ⚫ Risk control self assessment • Review Mechanism Control ⚫ Internal & External Audit Team Regular Compliance Check • Dedicated Risk Management Team Advisory Equity Research Debt & Macro Research Risk Measurement Decision Making • CIO, Head - Equity, Head - Fixed Income & Fund Managers Risk Management ⚫ Credit risk . Cycle Market Risk Operational Risk Liquidity Risk Investment/Product Risk Risk Monitoring Investment Committee Risk Management Committee Board 17 . Fund Accounting Accounting Valuation & Net Asset Value (NAV) Corporate Action Follow-up & Recovery Execution Equity, Debt, Money Market Dealers Primary Market Dealers uti UTI Mutual Fund Haq, ek behtar zindagi ka.#191. b) Investment Management Process 10 Equity Investment Process Investment Process • In house research team • Proprietary framework – qualitative & quantitative • Portfolio Construction Diversity . Diversity of styles with discipline • Bound by the Investment process • Risk guidelines Team Culture • Experienced and Professional team Emphasis on collaboration • Interactive process - formal and informal Performance Measurement • Based on performance of fund against benchmark and peers over different time periods Gill チ Fixed Income Investment Process Approach Key objective is yield and duration management • Achieved through combination of top-down and bottom-up approaches Research Process • Considers both qualitative and quantitative factors, proprietary ratings and research methodologies • Arrives at a universe of issuers in which to invest Construct • Portfolio constructed in the light of investment objectives and investment strategies • Emphasis on risk, diversification and performance DE Review • Comprehensive review mechanism with rigorous monitoring • Supports investment decisions of fund managers Endeavour to deliver industry leading performance 18 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#201. c) Embedding ESG in our Investment Decisions At UTI AMC, we believe in promoting good Environment, Social & Governance (ESG) standards in the companies we invest in and consider this as an essential part of our ownership responsibilities. We have adopted a formal stewardship code, voting policy, have become an UN-PRI signatory (United Nations - Principles for Responsible Investment) and have engaged a third party ESG rating agency to provide us independent inputs to supplement our ESG assessment of the investee companies in our coverage universe. Principles Respects and Promotes human rights Ethics Transparency Accountability Safety of Goods Sustainability throughout life cycle Promotes well being of employees W Contributing to Environment Restoration Supports inclusive growth Equitable Development Engaging with customers and providing value responsibly Respecting and Responding to the interest of stakeholders uti UTI Mutual Fund Haq, ek behtar zindagi ka. 19#212. SIP to remain the cornerstone for AUM performance Monthly Gross SIP Inflow (INR Crore) Long Tenure SIP Book (1) 600 531 521 525 504 484 500 466 456 431 421 More than 397 378 400 10 Years 83.9% 348 300 More than 5 Years 200 100 91.4% 0 JUN'21 JUL'21 AUG'21 SEP'21 OCT'21 NOV 21 DEC'21 JAN'22 MAR'22 APR'22 MAY'22 JUN'22 Our SIP AUM increased by INR 2,265 crore, or 14.6% from INR 15,523 crore as of 30th June 2021, to INR 17,7882) crore as of 30th June 2022. Increasing the number of SIP-selling mutual fund distributors and their share of wallet is a particular priority for the sales engagement strategy. Source: RTA Data. (1) As of 30th June 2022 (2) SIP folios with four consecutive SIP failure has been excluded. 20 20 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#223. a) Enabling Business Digitally E 24x7 Digital Channels • Access at your convenience anytime anywhere Assisted Journeys integrated Customer service for Product & Investment enquiry- Inbound, Outbound & Email support Building Community ο Active engagement on multiple touch points across Social Media channels . • 24*7 available in 6 languages Website utimf.com & Mobile App for Investing, Enquiry and servicing. Website is PWA enabled and SEO optimized Conversational Investing, Enquiry & Assistance through chatbot UNO & WhatsApp Interface • 'Chat with Agent' service for investors through Chatbot & WhatsApp UTI Swatantra- Investor Education Initiative https://utiswatantra.utimf.com/ • • Call-back to customers for on-demand Assistance & for failed transactions Content distribution- Infographics, blog post, videos, eBooks, GIF, surveys chatbot, FAQs etc. Service transactions available instantly on all Digital Platforms Schedule Switch-Future dated Switch transactions for FMPS • Outbound Voice Bot for reminding customers for pending actions • Symposia UTI MF Knowledge Series based virtual events. - Awareness and Consideration campaigns on Search and Display platforms for prospective Audience Simplifying Life e-OTM- One-click Investment • Co-browsing feature in website for Humanizing Digital touch points Partner Enablement Online empanelment of MFDS uti Buddy • USAVE-Liquid Account with Insta Redemption feature Digital KYC- Paperless and Contactless KYC process • Aadhaar KYC- KYC in a Go for instant investments • Missed Call services- Folio Enquiry, Call back • Flexi Savings Plan- Schedule transactions 'Quick Pay' feature launched for failed or missed SIP and Lumpsum transactions • Abandoned Cart feature launched for drop-off transactions, to start journey from where it was left UTI Buddy-Office-on-the-go App and web interface for MFDs. Initiate transactions for investors to reduce sales cycle. Track AUM, Folio and Market updates API integrations with Partners and Aggregators. WhatsApp channel for Mutual Fund Distributors. Communication on WhatsApp also enabled Centralized RM to MFD communication for major updates and Sales opportunity UTI Insta Pay- Insta Brokerage Module for Commission payments on the fly 21 Personalized and Contextual Journey Multi-media marketing platform for Email, SMS, Push Notifications etc. • Delivers relevant content through preferred channel Consistency in customer experience with personalized touch. Segmented and Targeted campaigns for cross-sell based on Analytics • Re-Marketing Campaigns - Retargeting and Cookie based framework • WhatsApp communication for Targeted Investors -101 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#233. b) Digital Client Acquisition Cycle <-- Investor Journey -----> ... Reach Act Submit a Lead Convert Invest Via Mobile App <<----- Engage Search SEO 1 Social Media Platforms Invest Now Invest Via Online Portal Email/SMS/ WhatsApp notification Remarketing via Google, Facebook, YouTube Internet Retargeting Request a Call Back Invest Via WhatsApp Promote Content Marketing Affiliate Marketing Complete Aadhaar KYC or Digital KYC Invest Via Chatbot 'UNO' Use Calculator and Invest Nudges to Investors on Digital Platforms Community Engagement Digital Assets IFA/RM Assisted Sale 2 Website Product Goals and Sections Calculators & Blogs Articles Set Goals and Invest and App Contact Center Assisted Sale Analytics led cross- sell/ Up-sell Social Listening via ORM tool Explore Products Application @ UFC Invest Via MFU, Kfin App and other Digital Portals 3 Direct Investments 4 UFCS on Digital Chatbot & WhatsApp UNO Chat or Co-browse with Agent platforms 22 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#243. c) Current Digital Ecosystem at UTI AMC Front Office (Revenue generating & Customer facing) Middle Office (Risk & Compliance) Back Office (Accounting, Technology, HR, Finance) You Tube Brand Message Investment Management fo HAVAS in WealthSpectrum GROUP EBIX CASH Bloomberg MSCI IPC Customer Onboarding Channels Transaction Processing BillDesk UPI UNIFIED PAYMENTS INTERFACE AADHAAR e-KYC OTM Digital Enablers CVLKRA digital KYC AEGIS Customer Servicing exotel truecaller Customer Engagement Resulticks +ableau Vymo Risk & Compliance FACTSET DECIMAL POINT Innovative Research Solutions Research & Fund Management Hexagram CORPOSITORY infomatics Cybersecurity Data 23 Human Resource ZingHR HGS HINDUIA BLOBAL SOLUTIONS Accounting & Operations SAP Registrar & Transfer Agent ▲KFINTECH LEXPERIENCE TRANSFORMATION Robotic Process Automation Ui Path Algonox Information Technology amazon web services Forcepoint IBM NTT uti UTI Mutual Fund Haq, ek behtar zindagi ka.#253. d) Growing online transactions reflect acceptance of digital 100.00% 98.00% Quarterly Online Gross Sales (as % of Total Gross Sales) 96.00% 95.27% 94.00% 92.00% 90.00% 88.00% 86.00% 84.00% 82.00% 92.79% 95.73% 95.80% 95.20% 80.00% Jun 21 Sep 21 Dec 21 Mar 22 Jun 22 224 الله Number of purchase transactions through Digital grew by 73% in Q1FY23 as compared to Q1FY22. Number of digital SIP transactions grew by 9.33% in Q1FY23 as compared to Q1FY22. ~53.7% of total gross sales of Equity & Hybrid funds were mobilized through digital platforms. We envisage using analytical tools and our digital marketing platform to identify and capitalize on cross selling and upselling opportunities. uti UTI Mutual Fund Haq, ek behtar zindagi ka.#263. e) Steps to increase digital presence are paying off Number of Digital Purchase Transaction (in Lakhs) Source: RTA Data 93.57 90.00 80.00 For Customers 70.00 60.00 • Seamless accessibility through app 50.00 41.40 Complete paperless and digitally- enabled KYC process 40.00 29.50 26.00 30.00 20.10 20.00 10.00 0.00 FY 19 FY 20 FY 21 FY 22 Q1 FY 23 For Distributors • • "UTI Buddy" - Mobile app for distributors Introducing new digital training initiatives to develop new mutual fund distributors, including a program to train recruits throughout India and ensure that they are business-ready. Marketing Sales through Digital Platforms (as a % of Equity & Hybrid MF Gross Sales) 42.25 53 53.7 33 60.00 50.00 40.00 30.00 Data driven digital marketing - through email, SMS, notification and WhatsApp We intend to continue our investments in digital marketing and other customer- and distributor-facing digital initiatives. 22.9 20.00 15.9 10.00 0.00 FY 19 FY 20 FY 21 FY 22 Q4 FY 22 25 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#273. f) Developing digital resources to be future ready Grow the Core Identify Focus areas Drive Sales force Digitally New Growth Avenues • Tap emerging underleveraged segments Drive Digital Partnerships & Digital Sales . Optimize Cost Digitization of Operations Reimagining Operating Model with Tech mm Q LÒ Reimagined Digitized Ecosystem for Direct-to-Customer Segment Digitized Ecosystem for Partners for Increased distribution Outreach Data First organization riding on Analytics and Personalization at Scale Re-imagined Branches enabled with Technology and Digital Solutions (Caps) Remote/Distributed operating Model for Investor and Partner Support ge』i Digitized and Automated Operational processes riding on RPA 26 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#284. a) Geographical Reach Across the Country J&K 1 Chandigarh 1 Himachal Pradesh Punjab 5 Uttarakhand 3 aryana 5 Delhi 5 Rajasthan 10 Uttar Pradesh 15 Bihar 5 Meghalaya 1 Gujarat 15 Madhya Pradesh 5 Chhattisgar 3 Odisha Jharkhand 4 West Benga 13 Maharashtra 22 Telangana 5 Andhra Goa 2 Pradesh Karnataka 7 12 Tamil Nadu Puducherry 1 Kerala 5 10 167 UTI Financial Centres (UFCs) 1,383 UTI AMC Employees* Assam 4 Tripura 1 722 As of 30th June 2022 *Total Employees are 1,383 - includes 1,328 UTI MF employees and 55 employees of our subsidiaries 27 58,500+ Core Sales Team Mutual Fund Distributors (MFDs) 245 District Associates (DAS) uti UTI Mutual Fund Haq, ek behtar zindagi ka.#294. b) Multi-channel distribution network brings stability 9% 9% Total QAAUM Jun '21 29% 27% Mar '22 62% 64% Direct MFD Bank & Distributors 9% 26% Jun '22 65% 9% 11% 13% 33% 34% 32% Equity + Hybrid QAAUM Jun '21 Mar '22 Jun '22 Source: RTA Data 58% 28 28 55% 55% uti UTI Mutual Fund Haq, ek behtar zindagi ka#304. c) Outpacing the Industry in B30 cities Monthly AAUM Jun '22 T30 76.7% UTI Mutual Fund B30 23.3% Improved awareness about investing in financial products vis a vis traditional investment Our established presence in B30 cities has enabled us to attract new clients and positions us to capitalize on future growth in those underpenetrated cities COP Network of 167 branches with 108 branches located in B-30 cites as of 30th June 2022 Source: AMFI, RTA Data & Internal. 29 22 ΤΟΥ T30 83.4% Industry B30 16.6% Our broad client base also provides us with several opportunities, including cross-selling different funds Our size and distribution network, particularly in B30 cities, provides us with economies of scale, particularly in distribution, marketing, and back-office activities B30 AUM aids our overall margins as these are stickier in nature and offer comparatively higher margins uti UTI Mutual Fund Haq, ek behtar zindagi ka.#315. a) UTI International Ltd. - Exploring New Destinations m Assets Under Management of INR 25,990 crore as of 30th June 2022 (INR 30,498 crore as of 30th June 2021) e COP 4 Office Locations - Singapore, Dubai, London and Paris with a total of 26 staff & Clients spread across 38 countries with top 5 being Japan, Switzerland, France, UK, Israel and are primarily Institutions - Pensions, Banks, Insurance and Asset Managers Our Indian Equity fund (IDEF) domiciled in Ireland, with an AUM of USD 970.6 million is being widely recognized and highly recommended wwww New Fund launched in June - UTI India Innovation Fund The J Safra Sarasin Responsible India fund, Europe's first ESG compliant India fund, has AUM of USD 93.2 million Fund structures in Ireland, Singapore, Cayman Islands, Dubai and Mauritius Regulated by Monetary Authority of Singapore, DIFC in Dubai and FCA, UK uti UTI Mutual Fund Haq, ek behtar zindagi ka. 30#325. b) UTI Retirement Solutions Ltd. - Reaching New Heights % 100% subsidiary of UTI AMC Ltd. PFRDA licensed for managing Pension funds Managing Government and non-Government NPS corpus UTI RSL manages 27.37% of the NPS Industry AUM as on 30th June 2022 UTI Retirement Solutions has shown AUM growth of 15.57% from INR 1,76,338 crore as on 30th June 2021 to INR 2,03,786 crore as on 30th June 2022 31 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#335. c) UTI Capital Pvt. Ltd. - Expanding the Business Portfolio % 100% subsidiary of UTI AMC Ltd. mandated to manage and grow the private capital investment business 00 August 2017 00 September 2020 August 2017 Currently manages 2 active private debt funds (UTI Structured Debt Opportunities Fund I & UTI Structured Debt Opportunities Fund II) and 1 multi strategy fund (UTI Multi Opportunities Fund I) with total AUM of INR 1,551 crore UTI Structured Debt Opportunities Fund I - Launched in August 2017. Fund closed in May 2019. AUM of INR 281 crore (1). Currently exiting Investments UTI Structured Debt Opportunities Fund II - Launched in September 2020. AUM of INR 507 crore (2). Currently Fund Raising as well as Investing UTI Multi Opportunity Fund I- Launched in March 2022. AUM of INR 763 crore (3). Currently Investing UTI Capital is also committed to Responsible Investing. UTI SDOF II has a well defined ESG policy and strategy. Data as of 30th June 2022 (1) Net Outstanding amount (2) Commitments received (3) Commitments received from the Investor Note: UTI Capital also manages India Infrastructure Development Fund (IIDF) which is in exit mode. Total AUM of UTI Capital does not include IIDF. 32 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#34Investments and Initiatives across the organization THE Research Investment management process through dynamic third-party software and additional investments to improve internal and external interactions to collaborate frequently with company management, sell side analysts, other industry experts and make better investment decisions • ESG Initiatives Company became a signatory to UN Principles for Responsible Investment Framed policy for integration of ESG into Investment Management Subscribed to the top tier third party agency for providing inputs on various ESG related developments on companies Initiated engagement with Investee companies on ESG factors. UTI AMC ESG Progress update - June 2022: Responsible Investment (ESG) (utimf.com) Technology & Operations • Resilient IT Infrastructure through adoption of hybrid cloud architecture Multi layered Security landscape with 24* 7 Security Operation Centre Comprehensive data privacy and protection technologies Agile and DevOps development techniques for faster application rollout Data driven decision making through enterprise data strategy uti UTI Mutual Fund Haq, ek behtar zindagi ka. 33#35• ESG Initiatives Initiated ESG framework development exercise for integrating essential ESG aspects into business operations Framework to be based on international standards and help in strengthening existing management systems Created Materiality Map by identifying key ESG aspects and prioritizing their relevance for business and society Working towards developing first GRI Standards based sustainability report to enable improving overall ESG performance E UTI AMC Group is a signatory to United Nations - Principles of Responsible Investing framework Adopted paperless office system, smart e- approval systems Use of Renewable Energy at the Corporate Office Number of purchase transactions through Digital grew by 9.33% in Q1 FY 23 as compared to Q1 FY 22. S Strong CSR programme focusing on health, education and rural development with a human development approach We believe in the philosophy of care, generosity & compassion, characterized by a willingness to build a society that works for everyone. We have sanctioned INR 2.5 crore under our CSR initiative for the quarter ended June 30, 2022. G Corporate governance has always been an integral component of our investment philosophy and company selection process. As of June 30, 2022, 60% of the Board members are Independent Directors (6 out of 10) with 2 Independent Women Directors. Women Directors present on the Boards of UTI Capital, UTI International & UTI RSL We are an equal opportunity employer. 26.5% of our total workforce are women. We have 352 women employees in our workforce as of 30th June 2022.* uti UTI Mutual Fund Haq, ek behtar zindagi ka. *the data pertains to UTI AMC employees excluding the subsidiaries, i.e., 26.5% of 1,328 employees 34#36Modernizing our technology over years 2016-2021 2022-2023 Infrastructure Plan for movement of On-premise data centre Set Cloud first and SaaS first Objective Engaged Industry leading technology partner for Assessment of existing technology landscape and prepare Roadmap for future Adopt Multi and Hybrid Cloud architecture Adoption of Containerized deployment model to reduce cost, increase availability and faster deployment Build Cloud agnostic architecture Information Security & Business Continuity Business application & Digitization Redrafting of Information Security policies Designed multilayer resilient security posture Re-architecting and Modernizing Business Applications Adoption of SaaS first approach Move towards Zero trust security Risk Assessment based Security Controls Automated and faster incident response through Security Orchestration Automation and Remediation User behavior analysis to identify and alert unusual behavior pattern using Bigdata analysis Dark web monitoring Continuous Vulnerability assessment & management Modern application architecture, development and deployment with Micro Services, Serverless architecture and Containerization Continuous Integration and deployment through DevOps framework Enable organization for data driven decision making IT Operations Identify Operation enhancement area Assessment of existing partner capability Approach towards virtual helpdesk 35 24*7 IT operations monitoring and management SaaS based Service Management tools Completely automated DR switch of applications uti UTI Mutual Fund Haq, ek behtar zindagi ka.#37Investing to be Future Ready 2016-2021 2022-2023 Research Distribution and Client Facing Customer Service Fund Accounting and Trade Management Core Data Distribution Digital enablement and client journeys Transaction systems simplification White Labelled solutions Generalized Communications Call Centre for Support Basic skills with support in limited languages Physical process for service request Using dynamic third-party software for investment management process Wide range of information both domestic and international domain Migrated Research Fund to better track analyst performance Enhanced campaigning and client analytics through implementation of Digital marketing platform In-house transaction platforms and additional channels for Customers through WhatsApp and Chatbot UI/UX personalization with stitched and automated journeys Highly targeted and personalized communication Digitization led Distribution via B2B or B2B2C methods Contact Centre for Support Multi skilled with support in 6 languages Chat, Inbound, Outbound and Email support Digitized processes for onboarding and service requests AI/ML based conversational interfaces Humanize Digital Interfaces with tools like Co-browsing, Muti-lingual Assistive UI etc. 36 36 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#3810 11121 Financial Snapshot 8 765 4 37 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#39Consolidated Statement of Profit & Loss - Quarterly Earnings INR crore Particulars Total Revenue from Operations Other Income Q1 FY 23 293 Q1 FY 22 %(+/-) 344 (15%) 13 2 550% Total Income 306 346 (12%) Fee & Commission expenses 1 1 Employee benefit expense 101 94 7% Net loss on fair value changes 37 0 NA Depreciation & Amortization expenses 10 9 11% Other Expense 49 50 (2%) Finance cost 2 2 Total Expenses 200 156 28% PBT 106 190 (44%) PAT 94 155 (39%) PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations 31% 45% Q1 FY 23 Q1 FY 22 %(+/-) Sale of Services Net Gain on fair value changes 287 261 10% 0 78 ΝΑ Interest & Dividend Income Rental Income 3 2 50% 3 3 Total Revenue from Operations 293 344 (15%) uti UTI Mutual Fund Haq, ek behtar zindagi ka. 38 38#40Consolidated Statement of Profit & Loss - Seq. Quarterly Earnings Particulars INR crore Total Revenue from Operations Q1 FY 23 293 Q4 FY 22 301 %(+/-) (3%) Other Income Total Income 13 4 225% 306 305 Fee & Commission expenses 1 1 Employee benefit expense 101 115 (12%) Net loss on fair value changes 37 15 147% Depreciation & Amortization expenses 10 10 Other Expense 49 65 (25%) Finance cost 2 2 Total Expenses 200 208 (4%) PBT 106 97 9% PAT 94 54 74% PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations 31% 18% Q1 FY 23 Q4 FY 22 %(+/-) Sale of Services Net Gain on fair value changes 287 295 (3%) 0 0 ΝΑ Interest & Dividend Income Rental Income 3 3 3 3 Total Revenue from Operations 293 301 (3%) uti UTI Mutual Fund Haq, ek behtar zindagi ka. 39#41Standalone Statement of Profit & Loss - Quarterly Earnings Particulars INR crore Total Revenue from Operations Q1 FY 23 239 Q1 FY 22 %(+/-) 276 (13%) Other Income Total Income Fee & Commission expenses Employee benefit expense Net loss on fair value changes Depreciation & Amortization expenses Other Expense 1 0 100% 240 276 (13%) 2 2 86 85 1% 5 0 NA 9 9 27 30 (10%) Finance cost Total Expenses PBT PAT 2 2 131 128 2% 109 148 (26%) 102 119 (14%) PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations 43% 43% Q1 FY 23 Q1 FY 22 %(+/-) Sale of Services Net Gain on fair value changes 234 215 9% 0 56 NA Interest & Dividend Income Rental Income 2 2 3 3 Total Revenue from Operations 239 276 (13%) uti UTI Mutual Fund Haq, ek behtar zindagi ka. 40#42Standalone Statement of Profit & Loss - Seq. Quarterly Earnings Particulars Total Revenue from Operations Other Income Total Income Fee & Commission expenses Employee benefit expense Net loss on fair value changes Depreciation & Amortization expenses Other Expense Finance cost Total Expenses PBT PAT PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations Sale of Services Net Gain on fair value changes Interest & Dividend Income Rental Income Total Revenue from Operations INR crore Q1 FY 23 239 Q4 FY 22 %(+/-) 262 (9%) 1 0 240 262 (8%) 2 2 86 101 (15%) 59 0 ΝΑ 9 27 33 (18%) 2 2 131 147 (11%) 109 115 (5%) 102 75 36% 43% 29% Q1 FY 23 Q4 FY 22 %(+/-) 234 239 (2%) 0 18 NA 2 2 3 3 239 262 (9%) uti UTI Mutual Fund Haq, ek behtar zindagi ka. 41#43Details of Consolidated Sale of Services INR crore Particulars Q1 FY 23 Q1 FY 22 %(+/-) Q4 FY 22 %(+/-) MF Fees 225 206 9% 228 (1%) PMS Fees 6 6 7 (14%) SUUTI Support Service Fees 3 2 50% 3 POP Fees & others 0 1 (100%) 1 (100%) Sale of Services - UTI AMC Standalone 234 215 9% 239 (2%) UTI International 32 UTI RSL 24 22 26 23% 36 (11%) 22 9% 23 23 4% UTI Capital & UTI Venture 1 2 (50%) 1 Elimination (4) (4) (4) Sale of Services - UTI AMC Consolidated 287 261 10% 295 (3%) 2 42 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#44Operating Profit Margin (bps of AAUM) 32 32 13 YE FY 20 45 16 25 25 YE FY 22 41 32 32 12 44 YE FY 21 17 23 40 Q1 FY 23* 40 43 Operating Revenue Operating Expenses Operating Margin *Q1 FY23 figures have been annualized uti UTI Mutual Fund Haq, ek behtar zindagi ka.#45UTI International - Consolidated Statement of Profit & Loss For the Quarter Ended June 2022 Particulars (GBP in '000) INR crore AUM Sale of Service M2M gain from Investment Other Income 27,08,554 3,266 25,990 29,62,513 For the Quarter Ended June 2021 (GBP in '000) INR crore 30,498 32 2,485 26 (3,505) (34) 1,988 21 339 3 321 3 Total Income 100 1 4,794 50 Employee Cost 1,074 10 684 7 Admin & other Exp 643 7 1,606 17 Total Expenses 1,717 17 2,290 24 Profit before Tax (1,617) (16) Profit after Tax (1,690) (16) Paid up Share Capital 6,758 ༄༅ 2,504 26 2,463 25 65 6,758 65 Net Worth 56,498 542 51.589 531 44 44 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#46Other Subsidiaries Financial highlights INR crore UTI Retirement Solutions Ltd. UTI Capital Pvt. Ltd. Particulars Q1 FY 23 Q1 FY 22 Q1 FY 23 Q1 FY 22 UTI Venture Funds Mgmt. Co. Pvt. Ltd. Q1 FY 23 Q1 FY 22 AUM 2,03,786 1,76,338 1,551 1,213 Sale of Services 24.1 21.8 1.1 1.5 M2M Gain on Investment 0.4 0.2 0.1 0.2 0.4 Other Income 0.3 0.3 0.1 0.2 0.1 Total Income 24.8 22.3 1.3 1.9 0.5 Employee Benefit Expenses 1.8 0.7 2.2 1.2 Depreciation Expenses 0.3 0.1 0 0 Administration Expenses 8.4 6.6 1 0.8 0.1 Total Expenses 10.5 7.4 3.2 2 0.1 PBT 14.3 14.9 (1.9) (0.1) 0.4 Profit after Tax 10.7 11.1 (1.2) (0.1) 0.3 Net Worth 97.5 55.3 27.1 29.7 12.5 1.2 0.2 0.2 ¦ · " o " · ༐ སྦྱ 3 - 3 ས 0.9 · ཙརྔུཤྩ ༔ · Gརྒྱུུ ཙུམྥ8 45 12.1 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#47Consolidated Ratios PAT Margin (%) Return on Equity (%) 0.5 24% 0.45 21% 42% 40% 0.4 34% 0.35 31% 18% 16% 16% 15% 14% 31% 0.3 12% 10% 0.25 9% FY 19 FY 20 FY 21 FY 22 Q1 FY 23* FY 19 FY 20 FY 21 FY 22 *Q1 FY 23 has been annualized 46 *Q1 FY 23 has been annualized 10% Q1 FY 23* uti UTI Mutual Fund Haq, ek behtar zindagi ka.#48Annexures 47 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#49Investor Services Key Indicators - Q1 FY 23 Contact Center 1.23 lakh Total Call Volume Outbound 0.58 lakh Total Call Volume Inbound Self service IVR for NAV, SOA, Branch Locator etc. Inbound Calls for Queries and Support Outbound Calls for Leads, Call-back request, reminders etc. 3.01 seconds Average Speed of Answer Chat with Live Agent for Assistance 0.15 lakh Live Chats offered Co-browsing for on-demand Live Assistance on Website Chatbot and WhatsApp for Conversational Enquiry, Investing & Servicing THE 21 Total Complaints Received 1.20 crore Folios Investor Services Low Complaints Ratio against folios at 0.0001% JL. Digital Transactions (own assets) HEH Non-Commercial Transactions 52% Digital Transactions done post E-KYC are SIP Instalments 100% Non-Commercial Transactions processed in the same day INR 2.58 crore Digital Transaction Amount capitalized post Digital KYC 82.68% Non-Commercial Transactions processed in 60 Minutes 2.723 Digital KYC Compliant PANS created 74% Total Digital KYC Compliant PANS created using our website. 48 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#50Breakup of Consolidated investments Breakdown of Total Investment 11.6% 7.8% Total Investments: INR 2,958 crore 80.6% Mutual Funds Offshore Funds Venture funds, Other equity #Note: Investment in equity includes investment as per regulatory mandate As on 30th June 2022 INR crore Investment in UTI MF Schemes 2,385 Equity 607 Arbitrage 996 Liquid & Debt 782 Offshore Funds 344 Equity 308 Debt Hybrid 36 Venture Funds, Other Equity etc.# 229 Total 2,958 #Note: Investment in Venture Funds & Other Equity includes INR 92 crore in Ascent India III, INR 91 crore in SDOF I & II, INR 23 crore in LICHFL, etc. MF Investment includes INR 151 crore towards mandatory seed capital investment. Total equity investment of INR 308 crore by UTI International includes IDEF INR 257 crore & INR 51 crore invested UTI India Innovation Fund 49 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#51UTI AMC Board of Directors - Composition 30% Geographical Representation 70% Domestic Overseas Board Composition 1 3 20% Independent Directors ■ Non-Executive Non-Independent Directors Whole Time Director Women Directors Representation 50 50 Women Director uti UTI Mutual Fund Haq, ek behtar zindagi ka.#52Experienced and Independent AMC Board Mr. Dinesh Kumar Mehrotra | Non-Executive Chairman & Independent Director Dinesh Kumar Mehrotra has previously served as the Chairman and the Managing Director of LIC. He has also served as the Executive Director of International Operations at LIC. He holds a B.Sc. (Honours) degree from the University of Patna. His appointment as an Independent Director of the Company was approved by the shareholders at the Annual General Meeting held on 23rd August 2017. Mr. Edward Cage Bernard | Non-Executive Nominee Director Prior to joining the Company, Edward Cage Bernard was associated with the TRP group as a Vice Chairman, T. Rowe Price Group Inc. as a Director on the Board and as a member of the firm's Management Committee. Currently, he is also associated with T. Rowe Price Group Inc. as a Senior Advisor. He holds a B.A. degree in Religious Studies from Brown University and an MBA in Finance from New York University Leonard N. Stern School of Business. His appointment as a Nominee Director of the Company was approved by the shareholders at the Annual General Meeting held on 28th July 2021. Mr. Flemming Madsen | Non-Executive Nominee Director * Flemming Madsen is Head of Global Financial Intermediaries at T. Rowe Price. He is a Vice President of T. Rowe Price Group, Inc., T. Rowe Price International Ltd and member of the EMEA Distribution Executive Committee. He has been associated with T. Rowe Price for 21 years. His total 38 years' experience in the financial industry includes capital markets transactions, investment banking, and asset management. His appointment as a Non-Executive Director of the Company was approved by the shareholders at the Extra Ordinary General Meeting held on 20th January 2010. Mr. Narasimhan Seshadri | Independent Director Narasimhan Seshadri has four decades of experience in the banking industry, having served two major public sector banks viz Canara Bank and Bank of India. Prior to joining the Company, he was a Director on the board of NPCI and a Whole-Time Executive Director on the Board of Bank of India. He holds Masters Degree in Commerce from Bangalore University: Masters in Divya Prabandam MA (DP) from Sastra University and Masters in Banking and Finance (MBA Banking and Finance) from IGNOU. He is a certified associate of the Indian Institute of Bankers. His appointment as an Independent Director of the Company was approved by the shareholders at the Annual General Meeting held on 23rd August 2017. *Nominee Director with effect from 26th July 2022 51 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#53Experienced and Independent AMC Board Mr. Deepak Kumar Chatterjee | Independent Director Prior to joining the Company, Deepak Kumar Chatterjee was associated with SBI Funds Management Private Limited as the Managing Director and Chief Executive Officer and SBI Capital Markets Limited as an Executive Vice President. He was also associated with IIFCL Projects Limited as its Chief Executive Officer and IIFCL Asset Management Company Limited as a Director. He holds a B.Sc. (Honours) degree in Physics from University of Delhi, an M.Sc. degree in Agricultural Physics from Indian Agricultural Research Institute, New Delhi and an MBA from University of Delhi. He is also a Certificated Associate of the Indian Institute of Bankers. His appointment as an Independent Director of the Company was approved by the shareholders at the Annual General Meeting held on 25th September 2018. Mr. Rajeev Kakar | Independent Director Rajeev Kakar currently serves on the boards of various banks and financial institutions such as Eurobank Ergasias SA (Greece), Gulf International Bank (GIB Bahrain), Gulf International Bank (GIB Saudi Arabia) and Commercial International Bank (Egypt). He started his career in 1988 at Citibank NA, where he worked for 18 years and in his last role, was the Managing Director and Division Head for Turkey, Middle East and Africa region. In 2006, he moved to become the Global co-founder of Fullerton Financial Holdings Pte. Ltd., headquartered in Singapore (a wholly owned subsidiary of Temasek Holdings Pte. Ltd., Singapore), where he served for 11 years in various roles including serving on its Global Management Board, as its Executive Vice President, Head of Consumer Banking and Head of Central and Eastern Europe, Middle East and Africa region. Simultaneously, he also was the Founder of Dunia Finance LLC in UAE, where he operated as its Managing Director and Chief Executive Officer. He holds a B. Tech. degree in Mechanical Engineering from the Indian Institute of Technology, Delhi and a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad. His appointment as an Independent Director of the Company was approved by the shareholders at the Extra Ordinary General Meeting held on 16th December 2019. Ms. Dipali Hemant Sheth | Independent Director Dipali H Sheth serves as Independent Director on the Boards of five other companies. Prior to joining the Company, she was associated with RBS Business Services Private Limited as the Country Head of Human Resources, Standard Chartered Bank as Head HR South Asia, Procter & Gamble Distribution Company Limited and DCM Limited. She holds a B.A. (Honours) degree in Economics from University of Delhi, passed out from the DCM Management Centre, and is an accredited Coach from ICF and Gallup, USA. Her appointment as an Independent Director of the Company was approved by the shareholders at the Extra Ordinary General Meeting held on 16th December 2019. 52 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#54Experienced and Independent AMC Board Ms. Jayashree Vaidhyanathan | Independent Director Jayashree Vaidhyanathan currently serves as a Co-Founder and CEO of BCT Digital, a technology company specializing in Al and Predictive analytics. Prior to BCT, she was associated with Scope International Private Limited as Head of Technology and Strategy and served as a partner with Accenture Services Private Limited. She has also served as an Independent Director in Altran, a $3.2 Billion Global Engineering and Innovation consulting firm and Mahindra Sanyo Steel. She holds a B.E. degree in Computer Science Engineering from University of Madras and an MBA from Cornell University. She is also a Chartered Financial Analyst from the Association for Investment Management and Research. Her appointment as an Independent Director of the Company was approved by the shareholders at the Extra Ordinary General Meeting held on 16th December 2019. Mr. Sanjay Varshneya | Non-Executive Nominee Director # Sanjay Varshneya has a rich experience in the treasury operations of over 12 years. In his earlier roles at PNB, he was leading as the Branch Head and Circle Head. He is an accomplished finance professional with over 31 years of demonstrated history of work experience in banking industry. He is an exceptional leader, expert at interpersonal communications and people management, problem solver and craving to perform under challenging environments. He holds a Master's degree in Science specializing in Physics and is a CAIIB. He is currently the General Manager Treasury Division at Punjab National Bank and has been working with the Bank for the last 20 years. His appointment as a Non-Executive Nominee Director of the Company was approved by the shareholders at the Annual General Meeting held on 28th July 2021. Mr. Imtaiyazur Rahman | Managing Director & CEO * Imtaiyazur Rahman has over 32 years of experience in management, business leadership, leading change and forming strategic alliances. He joined the UTI Group in 1998 as part of UTI Investor Technology Services Ltd. and joined UTI AMC Ltd. in 2003. He was also the CFO of the company from 2005 till 2019. In his role as Group President & Chief Finance Officer, he headed the functions of Finance, Accounts, Taxation, Information Technology, Board related matters, Offshore Funds, Alternative Investments and Portfolio Management Services. Mr. Rahman is on the Board of UTI International (Singapore), UTI International Ltd. Guernsey, UTI Venture Funds Management Co. Pvt. Ltd., UTI Retirement Solutions Ltd. and Indian Oiltanking Ltd. He is a member of the CII National Committee of Financial Markets as well as the Banking & Finance Committee of IMC Chamber of Commerce & Industry. He was on the Board of Association of Mutual Funds in India (AMFI) and is presently a permanent invitee to the AMFI Board Meetings. Prior to joining the Company, he was associated with Sumeet Machines Ltd., Leasing Finance India Ltd., Bells Controls Ltd., New India Rubber Works (P) Ltd. and S. Gupta & Co. He is a Science Graduate, Fellow Member of Institute of Cost Accountants of India and Institute of Company Secretaries of India, Certified Public Accountant (USA) and GAMP for Indian School of Business and Kellogg School of Management. He has been conferred an Honorary doctorate degree, D.Litt., by ITM University, Raipur. #Discontinues to be a Director of the Company with effect from 25th July 2022 *Managing Director with effect from 26th July 2022 53 53 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#55Disclaimer This presentation is for information purposes only and does not constitute a prospectus, an offering circular, an advertisement, a private placement offer letter or offer document or an offer or the recommendation or solicitation of an offer or invitation to purchase or sell any securities of UTI Asset Management Company Limited or its subsidiaries or its associates (together, the "Company") under the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or any other applicable law in India, the United States, or any other jurisdiction. This presentation has not been and will not be reviewed or approved by a regulatory authority in India or by any stock exchange in India. The Company has prepared this presentation based on information available to it, including information derived from public sources that have not been independently verified. Please note that for ease of understanding and calculations purposes, figures are rounded off to the nearest number while presenting figures in crores, lakhs, thousands or trillion, billion and million. In view of the rounding off, any calculations representing growth in % may not tally as it is derived from the underlying number. No representation or warranty, express or implied, is provided in relation to the fairness, accuracy, correctness, completeness or reliability of the information, estimates, projections, opinions or conclusions expressed herein. This presentation should not be used as a basis for any investment decision. The Company may alter, modify or otherwise change in any manner the contents of this presentation, without obligation to notify any person of such revision or changes. The statements contained in this presentation speak only as at the date as of which they are made, and the Company expressly disclaims any obligation or undertaking to supplement, amend or disseminate any updates or revisions to any statements contained herein to reflect any change in events, conditions or circumstances on which any such statements are based. By preparing this presentation, none of the Company, its management, and the respective advisers undertakes any obligation to provide the recipient with access to any additional information or to update this presentation or any additional information or to correct any inaccuracies in any such information which may become apparent. Past performance may or may not be sustained in future and should not be considered as, indicative of future results. The presentation may contain information about UTI Mutual Fund which has to be read and understood in the context of the Company's business, its operations and performance, and should not be construed as any form of communication / advertisement of UTI Mutual Fund. The information contained in this presentation is strictly confidential and is intended solely for your reference and shall not be reproduced (in whole or in part), retransmitted, summarized or distributed to any other persons without the Company's prior written consent. Any extraneous or inconsistent information or representation, if given or made by any person, should not be relied upon as having been authorized by or on behalf of the Company. This presentation may contain, words or phrases like "will", "aim" "believe", "expect", "projects", "plans", "will continue", "anticipate", "intend", "estimate" and similar expressions or variations of these expressions, that are "forward-looking statements that involve risks and uncertainties and are based on certain beliefs, plans and expectations of the Company. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Although the Company believes that such forward-looking statements are based on reasonable assumptions, it can give no assurance that such expectations will be met. Representative examples of factors that could affect the accuracy of forward-looking statements include (without limitation) the condition of, and changes in, India's political and economic status, government policies, applicable laws, global capital markets, the mutual fund industry in India, pandemics and international and domestic events having a bearing on the Company's business, and such other factors beyond the Company's control. You are cautioned not to place undue reliance on these forward-looking statements, which are based on current views of the Company's management on future events. Further, nothing in this presentation should be construed as constituting legal, business, tax or financial advice or a recommendation regarding the securities. None of the Company or any of its affiliates, advisers or representatives accepts any liability whatsoever for any loss or damage howsoever arising from any information presented or contained in this presentation. The distribution of this presentation in certain jurisdictions may be restricted by law. Accordingly, any persons in possession of this presentation should inform themselves about and observe any such restrictions. The information contained herein does not constitute an offer of securities for sale in the United States or in any other jurisdiction. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Before acting on any information you should consider the appropriateness of the information having regard to these matters, and in particular, you should seek independent financial advice. This presentation is not an advertisement under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 and is not intended to influence investment decisions of any current or prospective investors of the schemes of UTI Mutual Fund. Definitions AUM refers to Assets Under Management as on end of any given month/period MAAUM refers to a given month's average Assets Under Management QAAUM refers to a given quarter's average Assets Under Management AAAUM refers to a given year's average Assets Under Management Unless otherwise stated, the above definitions are used for Mutual Fund Assets under management Total AUM refers to the total Assets Under Management of UTI Asset Management Company Limited Other AUM refers to the AUM Under Management other than Mutual Fund AUM -101 uti UTI Mutual Fund Haq, ek behtar zindagi ka. 54#56Thank You REGISTERED OFFICE: - Registered Office: UTI Tower, 'Gn' Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Phone: 022- 66786666. UTI Asset Management Company Ltd. (Investment Manager for UTI Mutual Fund) E-mail: [email protected] Mutual Fund investments are subject to market risks, read all scheme related documents carefully before investing. uti UTI Mutual Fund Haq, ek behtar zindagi ka. 55 59