#1uti UTI Mutual Fund UTI Asset Management Company Limited Investor Presentation UTI Q4 & FY 21-22 Conviction. Capabilities. Commitment. Private and Confidential | Mumbai, India | April 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, Unit Linked Insurance Plan, Children's Plan + • • INR 13.49 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 97% Districts covered across India Well spread presence through DAs, MFDs, Banks, National Distributors and Fin-tech Partnering with ~62,900 MFDs Strong Penetration in B30 cities with high share Presence across 37 Countries International Presence through UTI International Own Offices in Singapore, London, Dubai • 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 31st March 2022, for all other business 01 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#3UTI AMC Our Vision and Mission - VISION ☐ UTI TOWER B To be the most preferred Asset Manager MISSION Most trusted brand, admired by all stakeholders The largest Money Manager with global presence. The best-in-class customer service provider 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. 9 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 03 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#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 1.20% 7.97% 6.49% 2.51% 22.97% 13.70% 15.22% 9.98% 9.98% 9.98% T.Rowe Price INVEST WITH CONFIDENCE पंजाब नैशनल बैंक punjab national bank QSBI LIC भारतीय जीवन बीमा निगम LFE INSURANCE CORPORATION OF ਔਨ ਤਨ ਕਵੀਸ਼ Bank of Baroda Mutual Funds Retail Shareholders Foreign Portfolio Investors Alternate Investment Funds Others 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 31st March 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 Assets Under Management Total AUM* INR 13,48,905 Crore MF QAAUM INR 2,23,842 Crore Market Share NPS AUM 27.41% K Profitability FY22 vs FY21 1 Revenue growth 13% Core Revenue growth# 39% MF AUM 5.83% Other AUM^ INR 11,25,063 Crore Equity AUM 5.17% EBIITDA growth 9% Core EBITDA growth* 77% PAT growth 8% Core PAT growth+ 88% Flows & Folios Gross Sales@ SIP Gross Sales@ INR 2,49,984 Crore INR 1,489 Crore Live folios 1.19 Crore *Total AUM includes QAAUM for UTI MF and Closing AUM as of 31st March 2022, for all other business ^Other AUM: total Closing AUM as of 31st March 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 07 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#9UTI AMC Structure UTI AMC Ltd. 100% Subsidiaries Investment Manager to UTI Mutual Fund Support Services to SUUTI Investment Manager to Offshore Funds UTI International Ltd UTI Venture Fund Management Co. Ltd. UTI Retirement Solutions Ltd. UTI Capital Pvt. Ltd. 08 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.#10UTI Group Assets Under Management have increased by ~16.2% YoY March 2021 1,567 (0.14%) December 2021 1,056 (0.08%) March 2022 1,088 (0.08%) 1,82,853 (16%) 1,66,210 (14%) 2,24,671 (17%) 26,822 (02%) Total INR 11,61,256 crore 7,83,796 (68%) UTI MF PMS Total INR 1,93,331 (15%) 2,23,842 (17%) 34,609 (03%) 13,11,414 crore 8,57,748 (65%) UTI Capital Domestic MF QAAUM for the quarter ended 31st March 2022 th Equity INR 69,287 crore Hybrid INR 26,444 crore Total INR 13,48,905 crore 8,93,082 (66%) UTI RSL UTI International Ltd. ETFs & Index INR 62,447 crore ETF Liquid INR 47,848 crore Income INR 17,816 crore MF QAAUM INR 2,23,842 crore 09 2,01,919 (15%) 28,974 (02%) uti UTI Mutual Fund Haq, ek behtar zindagi ka.#11Outpacing the industry - -22% YoY growth in QAAUM, industry grew at 19.5% Source: AMFI, Internal. Mar 21 1,82,853 Mar 21 5.50% Total QAAUM YoY 22.4% 2,24,671 2,23,842 Dec 21 Market Share - Total QAAUM Dec 21 10 5.88% Mar 22 Mar 22 INR Crore 5.83% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#12Keystones in Growth - ~37% YoY growth in Equity QAAUM 50,751 Equity QAAUM INR Crore YoY 36.5% 70,085 69,287 Mar 21 Dec 21 Mar 22 Market Share - Equity QAAUM 5.15% 5.29% 5.17% 21,263 Hybrid QAAUM INR Crore YoY 18.2% 27,064 26,444 Mar 21 Dec 21 Mar 22 Market Share - Hybrid QAAUM 6.14% 5.28% 5.05% Mar 21 Dec 21 Mar 22 Mar 21 Dec 21 Mar 22 Source: AMFI, Internal. 11 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#13Income and Liquid QAAUM finding foothold Income QAAUM INR Crore YoY -26.1% 24,092 20,053 17,816 43,062 Mar 21 Dec 21 Mar 22 Market Share - Income QAAUM 2.56% 2.42% 2.34% Liquid QAAUM INR Crore YoY 11.1% 47,702 47,848 Mar 21 Dec 21 Mar 22 Market Share - Liquid QAAUM 7.12% 6.73% Mar 21 Dec 21 Mar 22 Mar 21 Dec 21 Mar 22 Source: AMFI, Internal. 12 6.62% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#14Passive Funds Gaining Traction - clocking -47% YoY growth Index & ETFS QAAUM Source: AMFI, Internal. Mar 21 42,581 Mar 21 13.49% YoY 46.6% 60,341 Dec 21 Market Share - Index & ETFs QAAUM Dec 21 13 13.29% 62,447 Mar 22 INR Crore Mar 22 12.8% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#15Trend in Net Sales Yearly Net Sales for Equity and ETF & Index capture 5.8% & 10.2% of Industry Yearly Net Sales 8,931 Hybrid 429 -309 567 -442 -1,848 Equity 252 Source: Internal. 2,332 Equity 8,985 5,308 ETFs & Index Hybrid 1,670 309 14,187 Income 6,804 5,140 1,203 -9,397 -14,137 Quarterly Net Sales 3,989 -705 ETFs & Index Income 429 -1,181 INR Crore Total 19,428 12,565 FY 2019-2020 FY 2020-2021 FY 2021-2022 -7,751 Liquid -3,958 14 -5,169 INR Crore 6,068 Total 4,410 Liquid -2,508 ■Q4FY21 ■Q4FY22 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#16Key Business Focus Areas Focus on SIP growth Geographical Spread Across the Country Strong Financial Results and Balance Sheet 1 ₹ Prudent Investment Management Process 2 3 Ell Leveraging Digital Adoption 4 5 == Growth of International, Retirement and Alternate Business ||||| 6 15 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#171. a) Prudent Investment Management Policies Risk Identification • Stress testing • Product development process ⚫ Risk control self assessment • Review Mechanism เน Risk Control • Avoidance Risk Management . Transfer Mitigation Cycle ㅎ Risk Monitoring Direct reporting to Board Control • Internal & External Audit team, Regular Compliance Check, Dedicated Risk Management Team Advisory Equity Research Debt & Macro Research Risk Measurement Credit risk Market Risk Operational Risk • Liquidity Risk Investment / . Product Risk Decision Making • Headed by: CIO, Equity Head & Fixed Income Head + Fund Managers • Fund Accounting Accounting Valuation & Net Asset Value (NAV) Corporate Action Follow-up & Recovery 16 Execution Equity Dealers, Money Market Dealers Debt Dealers & Primary Market Dealers uti UTI Mutual Fund Haq, ek behtar zindagi ka.#181. b) Investment Management Process 화 화 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 il 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 • Takes into account 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 Review • Comprehensive review mechanism with rigorous monitoring • Supports investment decisions of fund managers Endeavour to deliver industry leading performance 17 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#191. c) Embedding ESG considerations into 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 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. Ethics Transparency Accountability Safety of Goods Sustainability throughout life cycle Promotes well being of employees Principles Respects and Promotes human rights 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. 18#202. SIP to remain the cornerstone for AUM performance Long Tenure SIP Book (1) Monthly Gross SIP Inflow (INR Crore) 600 531 484 500 466 474 456 431 421 More than 397 378 400 10 Years 83% 348 339 327 334 300 More than 5 Years 200 91% 100 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Our SIP AUM increased by INR 4,396 crore, or 31.6% from INR 13,915 crore as of 31st March 2021, to INR 18,311(2) crore as of 31st March 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 31st March 2022 (2) SIP folios with four consecutive SIP failure has been excluded. 19 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#213. 3. a) Enabling Business Digitally 24x7 Digital Channels • Access at your convenience anytime anywhere Assisted Journeys integrated • Customer service for Product & Investment enquiry- Inbound, Outbound & Email support 24*7 available in 6 languages Building Community • Active engagement on multiple touch points across Social Media channels • • 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 'Quick Invest' (Invest without Login) feature in Website for SIP & Lumpsum purchase. Service transactions available instantly on all Digital Platforms Simplifying Life • e-OTM- One-click Investment 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 https://utiswatantra.utimf.com/ • UTI Swatantra- Investor Education Initiative • 'Chat with Agent' service for investors through Chatbot & WhatsApp • . Call-back to customers for on-demand Assistance & for failed transactions • Outbound Voice Bot for reminding customers for pending actions Co-browsing feature in website for Humanizing Digital touch points Partner Enablement Online empanelment of MFDs uti Buddy 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 Content distribution- Infographics, blog post, videos, eBooks, GIF, surveys chatbot, FAQs etc. Symposia - UTI MF Knowledge Series based virtual events. Awareness and Consideration campaigns on Search and Display platforms for prospective Audience 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. • Progressive profiling campaigns started for customer segmentation. WhatsApp communication for Targeted Investors 20 20 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#223. b) Digital Client Acquisition Cycle Investor Journey Reach <-- -----> Act Convert Submit a Lead 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 Chat or Co-browse with UNO Agent platforms 21 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#233. c) Acceptance of digitization reflected in growing online transactions Quarterly Online Gross Sales as % of Total Gross Sales 100.00% 98.00% 96.00% 95.27% 94.37% 94.00% 92.00% 90.00% 88.00% 86.00% 84.00% 82.00% 92.79% 95.73% 95.80% 80.00% Mar 21 Jun 21 Sep 21 Dec 21 Mar 22 22 الله Number of purchase transactions through Digital grew by 128% in FY22 as compared to FY21. Number of digital SIP transactions grew by 21.22% in Q4FY22 as compared to Q4FY21. ~47% 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.#243. d) Steps to increase digital presence are paying off Number of Digital Purchase Transaction (in Lakhs) Source: RTA Data For Customers • Seamless accessibility through app Complete paperless and digitally- enabled KYC process 93.57 90 80 70 60 50 40 30 26 41.4 28.55 26 20.1 20 10 0 FY 19 FY 20 FY 21 FY 22 Q4 FY 22 • 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 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. Sales through Digital Platforms (as a % of Equity & Hybrid MF Gross Sales) 60 50 40 30 22.9 20 15.9 22 10 53 53 46.5 42.25 0 FY 19 FY 20 FY 21 FY 22 Q4 FY 22 23 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#254. a) Geographical Reach Across the Country Rajasthan 10 J&K 1 Himachal Pradesh Punjab 1 5 Chandigarh Uttarakhand Haryana 5 Delhi Uttar Pradesh 15 Bihar 5 Jharkhand 4 West Bengal Gujarat 15 Madhya Pradesh 5 Chhattisgar 3 Odisha 6 Maharashtra 22 Telangana 5 Andhra Pradesh Karnataka 12 7 Puducherry erda Tamil 5 Nadu 10 13 167 UTI Financial Centres (UFCs) 1,367 UTI AMC Employees* Assam 4 Meghalaya Tripura As of 31st March 2022 *Total Employees are 1,367 - includes 1,313 UTI MF employees and 54 of subsidiaries 24 **Sales Team consists of 969 employees including support staff, the core sales team are 659 employees 659 62,900 Core Sales Team** Mutual Fund Distributors (MFDs) 258 District Associates (DAS) uti UTI Mutual Fund Haq, ek behtar zindagi ka.#264. b) Multi-channel distribution network brings stability 9% 9% 9% Total QAAUM Mar' 21 29% Dec' 21 28% 27% Mar' 22 62% 63% 64% Direct MFD Bank & Distributors 9% 11% 11% 32% 34% 34% Equity + Hybrid QAAUM Mar' 21 Dec' 21 Mar' 22 Source: RTA Data 59% 25 55% 55% uti UTI Mutual Fund Haq, ek behtar zindagi ka#274. c) Outpacing the Industry in B30 cities T30 77% UTI Mutual Fund Monthly AAUM March 22 B30 23% B30 17% O T30 83% Industry COP 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 Network of 167 branches with 108 branches located in B-30 cites as of 31st March 2022 Source: AMFI, RTA Data & Internal. 26 26 ΤΟΥ Our broad client base also provides us with a number of 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.#285. a) UTI International Ltd. – Exploring New Destinations - - m e Assets under management increased by 8% from INR 26,821 crore as of 31st March 2021 to INR 28,974 crore as of 31st March 2022 COP Three Office Locations - Singapore, Dubai and London with a total of 26 staff of which 13 are women # www wwww Clients spread across 37 countries with top 5 being Japan, Switzerland, France, UK, Israel and are primarily Institutions - Pensions, Insurance, Banks and Asset Managers Our Indian Equity fund (IDEF) domiciled in Ireland, with an AUM of USD 1,188 million is being widely recognized and highly recommended The J Safra Sarasin Responsible India fund, Europe's first ESG compliant India fund, has AUM of USD 125 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. 27#295. b) UTI Retirement Solutions Ltd. - Reaching New Heights % 100% subsidiary PFRDA licensed for managing Pension funds Managing Government and non-Government NPS corpus UTI RSL manages 27.41% of Industry AUM as on 31st March 2022 UTI Retirement Solutions has shown AUM growth of 21.48% from INR 1,66,210 crore as on 31st March 2021 to INR 2,01,919 crore as on 31st March 2022 28 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#305. c) UTI Capital - 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 1,556 crore UTI Structured Debt Opportunities Fund I - Launched in August 2017. Fund closed in May 2019. AUM of INR 287 crore (1). Currently exiting Investments UTI Structured Debt Opportunities Fund II - Launched in September 2020. AUM of INR 509 crore (2). Currently Fund Raising as well as Investing UTI Multi Opportunity Fund I- Launched in March 2022. AUM of INR 760 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 31st March 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. 29 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#31Investments 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 Hired a dedicated ESG resource and integrate best practices in ESG into our investment process 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. 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. 30#32• 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 Buying Green Energy for Corporate Office Number of purchase transactions through Digital grew by 128% in FY 22 as compared to FY 21. S Strong CSR programme focusing on health and education 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 8.84 crore under our CSR initiative for the year ended March 31, 2022, of which, 1.17 crore was sanctioned during Q4 FY 22. G Corporate governance has always been an integral component of our investment philosophy and company selection process. As of March 31, 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% of our total workforce are women. We have 342 women employees in our workforce as of March 31, 2022. uti UTI Mutual Fund Haq, ek behtar zindagi ka. 31#33Modernizing our technology over multiple 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 32 32 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.#34Investing 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. 333 33 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#3510 11121 Financial Snapshot 8 765 4 34 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#36Consolidated Statement of Profit & Loss - Year ended Earnings Particulars Total Revenue from Operations %(+/-) 13% Other Income* Total Income Fee & Commission expenses Employee benefit expense Depreciation & Amortization expenses Other Expense* Finance cost Total Expenses PBT PAT PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations Sale of Service MTM gain on Investments Net Gain from sale of Investments Interest & Dividend Income FY 22 FY 21 1319 1169 8 4 100% 1327 1173 13% 2 3 (33%) 407 380 7% 37 36 3% 212 143 48% 9 8 13% 667 570 17% 660 603 9% 534 494 8% 40% 42% FY 22 FY 21 %(+/-) 1119 807 39% 124 285 (56%) 54 58 (7%) 11 9 22% 11 10 10% 1319 1169 13% INR Crore Rental Income Total Revenue from Operations * GST Inter Branch Invoicing has been eliminated from both Other Income and Other Expense, being contra in nature. The impact amounts to INR 22.07 Crore & INR 27.33 Crore for FY22 & FY21 respectively. 35 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#37Consolidated Statement of Profit & Loss - Quarterly Earnings Particulars Total Revenue from Operations Other Income* %(+/-) (1%) INR Crore Q4 FY 22 286 Q4 FY 21 289 4 0 400% Total Income Fee & Commission expenses Employee benefit expense Depreciation & Amortization expenses Other Expense* Finance cost 290 289 0% 1 2 (50%) 115 74 55% 10 9 11% 65 51 27% 2 2 Total Expenses PBT PAT 193 138 40% 97 151 (36%) 54 134 (60%) PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations Sale of Services MTM gain on Investments Net Gain from sale of Investments Interest & Dividend Income Rental Income 19% 46% Q4 FY 22 Q4 FY 21 %(+/-) 295 236 25% (27) 19 (242%) 12 30 (60%) 3 2 50% 3 286 Total Revenue from Operations * GST Inter Branch Invoicing has been eliminated from both Other Income and Other Expense, being contra in nature. The impact amounts to INR 4.96 Crore & INR 4.89 Crore for Q4 FY22 & Q4 FY21 respectively. 36 uti UTI Mutual Fund Haq, ek behtar zindagi ka. 2 50% 289 (1%)#38Consolidated Statement of Profit & Loss - Seq. Quarterly Earnings Particulars %(+/-) INR Crore Total Revenue from Operations Other Income* Total Income Fee & Commission expenses Employee benefit expense Depreciation & Amortization expenses Other Expense* Finance cost Total Expenses PBT PAT PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations Sale of Service MTM gain on Investments Net Gain from sale of Investments Interest & Dividend Income Rental Income Q4 FY 22 286 Q3 FY 22 309 (7%) 4 0 400% 290 309 (6%) 1 1 115 97 19% 10 9 11% 65 51 27% 2 3 (33%) 193 161 20% 97 148 54 127 (34%) (57%) 19% 41% Q4 FY 22 Q3 FY 22 %(+/-) 295 282 5% (27) 13 (308%) 12 8 50% 3 3 3 3 286 309 (7%) Total Revenue from Operations * GST Inter Branch Invoicing has been eliminated from both Other Income and Other Expense, being contra in nature. The impact amounts to INR 4.96 Crore & INR 4.99 Crore for Q4 FY22 & Q3 FY22 respectively. 37 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#39Standalone Statement of Profit & Loss - Year ended Earnings Particulars INR Crore %(+/-) Total Revenue from Operations Other Income* FY 22 1060 FY 21 940 -- 2 13% (100%) Total Income Fee & Commission expenses Employee benefit expense Depreciation & Amortization expenses Other Expense* Finance cost 1060 942 13% 8 5 60% 362 342 6% 35 34 3% 120 95 26% 9 8 13% Total Expenses 534 484 10% PBT 526 458 15% PAT 418 352 19% PAT Margins (PAT Margin = PAT / Total Income) 39% 37% Total Revenue from Operations Sale of Service MTM gain on Investments Net Gain from sale of Investments Interest & Dividend Income Rental Income FY 22 FY 21 %(+/-) 910 726 25% 82 162 (49%) 48 29 66% 8 12 Total Revenue from Operations 1060 * GST Inter Branch Invoicing has been eliminated from both Other Income and Other Expense, being contra in nature. The impact amounts to INR 22.07 Crore & INR 27.33 Crore for FY22 & FY21 respectively. 38 uti UTI Mutual Fund Haq, ek behtar zindagi ka. 12 (33%) 11 9% 940 13%#40Standalone Statement of Profit & Loss - Quarterly Earnings Particulars Total Revenue from Operations Other Income* INR Crore Q4 FY 22 262 Q4 FY 21 %(+/-) 244 7% -- Total Income Fee & Commission expenses Employee benefit expense Depreciation & Amortization expenses Other Expense* 262 244 7% 2 2 101 62 63% 9 9 33 38 (13%) Finance cost 2 2 -- Total Expenses 147 113 30% PBT 115 131 (12%) PAT 75 113 (34%) PAT Margins (PAT Margin = PAT / Total Income) 29% 46% Total Revenue from Operations Sale of Service MTM gain on Investments Net Gain from sale of Investments Interest & Dividend Income Rental Income Q4 FY 22 Q4 FY 21 %(+/-) 239 211 13% 11 24 (54%) 7 5 40% 2 3 Total Revenue from Operations 262 * GST Inter Branch Invoicing has been eliminated from both Other Income and Other Expense, being contra in nature. The impact amounts to INR 4.96 Crore & INR 4.89 Crore for Q4 FY22 & Q4 FY21 respectively. 39 uti UTI Mutual Fund Haq, ek behtar zindagi ka. 1 100% 3 244 7%#41Standalone Statement of Profit & Loss - Seq. Quarterly Earnings Particulars Total Revenue from Operations Other Income* Total Income Fee & Commission expenses Employee benefit expense Depreciation & Amortization expenses Other Expense* Finance cost Total Expenses PBT PAT PAT Margins (PAT Margin = PAT / Total Income) Total Revenue from Operations Sale of Service MTM gain on Investments Net Gain from sale of Investments Interest & Dividend Income Rental Income INR Crore Q4 FY 22 262 Q3 FY 22 249 %(+/-) 5% -- 262 249 5% 2 2 101 86 17% 9 9 33 28 18% 2 3 (33%) 147 128 15% 115 121 (5%) 75 104 (28%) 29% 42% Q4 FY 22 Q3 FY 22 %(+/-) 239 226 6% 11 8 38% 7 10 (30%) 2 2 3 3 -- 262 249 5% Total Revenue from Operations * GST Inter Branch Invoicing has been eliminated from both Other Income and Other Expense, being contra in nature. The impact amounts to INR 4.96 Crore & INR 4.99 Crore for Q4 FY22 & Q3 FY22 respectively. 40 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#42Details of Consolidated Sale of Services INR Crore Particulars Q4 FY 22 Q4 FY 21 %(+/-) FY 22 FY 21 %(+/-) MF Fees 228 200 14% 870 693 26% PMS Fees 7 7 27 21 29% SUUTI Support Service Fees 3 2 50% 11 10 10% POP Fees & others 1 2 (50%) 2 2 Sale of Services - UTI AMC Standalone 239 211 13% 910 726 25% UTI International 36 22 64% 127 65 UTI RSL 23 4 475% 91 15 55 95% 507% UTI Capital & UTI Venture Elimination 1 2 (50%) 5 7 (29%) (4) (3) 33% (14) (6) 133% Sale of Services - UTI AMC Consolidated 295 236 25% 1119 807 39% 41 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#43Consolidated Balance Sheet Assets: Financial Assets Non Financial Assets Total Assets Liabilities & Equity: Financial Liabilities Non-financial Liabilities Equity Total Liabilities & Equity Particulars 42 42 INR Crore Mar '22 Mar '21 %(+/-) 3,554 3,216 11% 434 434 3,988 3,650 9% 290 265 9% 80 122 (34%) 3,618 3,263 11% 3,988 3,650 9% uti UTI Mutual Fund Haq, ek behtar zindagi ka.#44Standalone Balance Sheet Assets: Financial Assets Non Financial Assets Total Assets Liabilities & Equity: Financial Liabilities Particulars Mar '22 Mar '21 INR Crore %(+/-) 3,031 2,820 7% 423 422 0% AO DO 3,454 3,242 7% 261 246 6% Non-financial Liabilities 46 89 (48%) Equity 3,147 2,907 8% Total Liabilities & Equity 3,454 3,242 7% 43 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#45Operating Profit Margin (bps of AAUM) 13 32 32 YE FY 19 45 12 32 32 YE FY 21 44 13 32 32 45 YE FY 20 16 25 25 41 9M FY 22 44 Operating Revenue Operating Expenses Operating Margin uti UTI Mutual Fund Haq, ek behtar zindagi ka.#46UTI International - Consolidated Statement of Profit & Loss For the Year Ended March 2022 Particulars (GBP in '000) INR Crore AUM Sale of Service 29,10,427 28,974 26,67,219 For the Year Ended March 2021 (GBP in '000) INR Crore 26,821 12,445 127 6,669 65 M2M gain from Investment 4,346 44 15,061 146 Other Income 1,530 15 804 8 Total Income 18,321 186 22,534 219 Employee Cost 3,250 33 3,033 29 Admin & other Exp 7,319 74 4,787 47 Total Expenses 10,569 107 7,820 76 Profit before Tax 7,752 79 14,714 143 Profit after Tax 7,515 76 14,649 142 Paid up Share Capital 6,758 67 6,758 67 Net Worth 57,326 571 49,165 494 45 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#47Other Subsidiaries Financial highlights INR Crore UTI Retirement Solutions Ltd. UTI Capital Pvt. Ltd. UTI Venture Funds Mgmt. Co. Pvt. Ltd. Particulars FY 22 FY 21 FY 22 FY 21 FY 22 FY 21 AUM 2,01,919 1,66,210 1,088 1,576 Sale of Services 91.4 14.9 5.4 7.3 M2M Gain on Investment 1.3 1.4 1.9 1.5 0.9 2 Other Income 1.1 0.2 0.4 0.3 0.1 0.1 Total Income 93.8 16.5 7.7 9.1 1 2.1 Employee Benefit Expenses 4.3 2.6 6.8 5.8 Depreciation Expenses 0.7 0.3 0 0 ☐ Administration Expenses 32.3 9.3 3.9 3.2 0.1 0.4 Total Expenses 37.3 12.2 10.7 9 0.1 0.4 PBT 56.5 4.3 (3) 0.1 0.9 1.7 Profit after Tax 42.3 3.8 (2.2) 0.2 0.9 1.2 Net Worth 86.8 44.1 28.1 29.7 12.2 11.3 46 46 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#48Consolidated Ratios 0.5 PAT Margin (%) 24% Return on Equity (%) 0.45 21% 42% 40% 0.4 18% 16% 16% 15% 34% 0.35 31% 31% 0.3 15% 14% 12% 10% 0.25 9% FY 18 FY 19 FY 20 FY 21 FY 22 FY 18 FY 19 FY 20 FY 21 FY 22 47 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#49Annexures 48 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#50Investor Services Key Indicators - Q4 FY 21-22 0.64 Lakh 1.33 Lakh Total Call Volume Outbound Total Call Volume Inbound 5.50 Seconds Average Speed of Answer Contact Center THE Investor Services 18 Total Complaints Received 1.19 Crore Folios Low Complaints Ratio against folios at 0.0001% J&L. Digital Transactions (own assets) HES Non-Commercial Transactions 49% Digital Transactions done post E-KYC are SIP Instalments 100% Non-Commercial Transactions processed in the same day INR 3.99 Crs Digital Transaction Amount capitalized post Digital KYC 79.50% Non-Commercial Transactions processed in 60 Minutes 2,510 Digital KYC Compliant PANS created 74% Total Digital KYC Compliant PANS created using our website. 49 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#51Breakup of Consolidated investments Breakdown of Total Investment 11.3% 7.3% As on March 31, 2022 Investment in UTI MF Schemes Equity INR crore 2,424 528 Total Investments: INR 2,978 crore Offshore Funds 81.4% Mutual Funds Offshore Funds Venture funds, Other equity #Note: Investment in equity includes investment as per regulatory mandate Arbitrage 1,255 Liquid & Debt 641 336 Equity Debt/Hybrid Venture Funds, Other Equity etc.# 218 Total 2,978 296 40 #Note: Investment in Venture Funds & Other Equity Includes: Inv. In Ascent India III: INR 84 Crore uti UTI Mutual Fund Haq, ek behtar zindagi ka. Inv. In SODF I & II: INR 94 Crore 50 50#52UTI AMC Board of Directors - Composition 30% Geographical Representation 70% Domestic Overseas 1 Board Composition 3 20% Independent Directors ■ Non-Executive Non-Independent Directors Whole Time Director Women Directors Representation 51 Women Director uti UTI Mutual Fund Haq, ek behtar zindagi ka.#53Experienced and Independent AMC Board Mr. Dinesh Kumar Mehrotra | Non-Executive Chairman and 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 23 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 28 July 2021. Mr. Flemming Madsen | Non-Executive Non-Independent 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 20 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/Indian Institute of Bankers. He is a certified associate of the India Institute of Bankers. His appointment as an Independent Director of the Company was approved by the shareholders at the Annual General Meeting held on 23 August 2017. 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 16 December 2019. 52 42 uti UTI Mutual Fund Haq, ek behtar zindagi ka.#54Experienced 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 25 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 16 December 2019. 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 16 December 2019. Mr. Sanjay Varshneya | Non-Executive Nominee Director Sanjay Varshneya is currently the General Manager Treasury Division at Punjab National Bank and has been working with the Bank for the last 20 years. He has a rich experience in the treasury operations of over 12 years. In his earlier roles at the Bank, he was leading as 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. His appointment as a Nominee Director of the Company was approved by the shareholders at the Annual General Meeting held on 28 July 2021. Mr. Imtaiyazur Rahman | CEO & Whole Time Director Mr. 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. In his role as Group President & Chief Finance Officer, he headed the functions of Finance, Accounts, Taxation, Information Technology, Board related matters, Offshore funds, Alternate Investments and Portfolio Management Services. 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 from Indian School of Business and Kellogg School of Management. He has been conferred an Honorary doctorate degree, D.Litt., by the ITM University, Raipur. Mr. Rahman is on the Board of UTI International (Singapore), UTI International Ltd. Guernsey, UTI Venture Funds Management Co. Pvt. Ltd., UTI Capital Ltd., UTI Retirement Solutions Ltd. and IOT Infrastructure & Energy Services Limited. He is a member of the CII National Committee on 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 (AMF) 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. uti UTI Mutual Fund Haq, ek behtar zindagi ka. 53#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