'Expect moderate returns from large caps in the year ahead'

Summary: UTI AMC’s MD and CEO, seven months into the job, lays out a five-year plan and gives a measured view on which part of the market looks best placed for the year ahead. When pressed on what sets UTI apart and how far its passive book can go, he talks about the kind of fund house UTI wants to be.

Summary: UTI AMC’s MD and CEO, seven months into the job, lays out a five-year plan and gives a measured view on which part of the market looks best placed for the year ahead. When pressed on what sets UTI apart and how far its passive book can go, he talks about the kind of fund house UTI wants to be. How would you describe the past 12 months for your fund house in one sentence? We have executed a smooth leadership transition, built new capabilities and increased our engagement with partners. We are building an agile organisation which can seize new possibilities. You took this job seven months ago. What is the first thing you changed, and what did you decide to leave alone?  Defined a five-year plan that emphasises a growth mindset. The goal is to strengthen our competitive position and increase our share of industry assets through disciplined execution and investment excellence. Our origins and roots inspire us to seek opportunities to widen the market by product innovation, new use cases and targeting underserved customers; that is unchanged. What is the one number you watch every morning that is not AUM? The number and c

This article was originally published on October 23, 2026.