UTI AMC reported revenue of Rs.309 Cr, down 10% YoY and 19% QoQ on account of Mark to Market Impact | Q3 FY22 Conference Call Highlights

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Financial Highlights

  • Company reported Revenue from operations of Rs.309 Cr, down 10% YoY and 19% QoQ. This is due to Mark to Market impact
  • Q3 FY 22 PAT stands at Rs.127 Cr, down 9% YoY and 36% QoQ on account of an increase in other expense
  • 9M FY22 numbers show a 44% rise in PAT and 14% increase in revenue from operations

Business Highlights

  • UTI Group AUM stood at Rs. 13,11,414 Cr as on Dec-21, up 19% YoY and ~4% QoQ
  • UTI Mutual Fund AUM grew by 36% YoY while the industry grew at 28.6%. As of Dec-21, MF Quarterly Average AUM  (QAAUM) stood at Rs. 224,671 Cr
  • Equity QAAUM grew by a huge 60.5% YoY and market share rose by 24 bps to 5.29%
  • Passive funds are gaining traction with UTI AMC registering a YoY growth of 71.4%
  • SIP AUM increased by 37.6% from Rs.4,956 Cr in Q3 FY21 to Rs.18,126 Cr in Q3 FY22
  • Digital purchase transactions grew by 154.5% YoY and SIP digital transactions grew by 116.58%
  • 24% of AUM is contributed by B-30 cities as compared to industry (17%)
  • Average AUM of UTI International has grown by 59%
  • UTI Retirement Solutions manages 27.65% of industry

Disclaimer: The information here is provided for reference purposes only and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell stocks or MF.

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