UTI Pension Fund Limited (UTI PFL)
UTI Pension Fund Limited (UTIPFL), a 100% subsidiary of UTI Asset Management Company Limited was incorporated on 14th December 2007 under the Companies Act, 1956 with its registered office at UTI Tower, Gn-Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 for managing pension assets under National Pension System (NPS). It started its operations from 31st March 2008. The name of the company has been changed from UTI RETIREMENT SOLUTIONS LIMITED to UTI PENSION FUND LIMITED with effect from 13th June 2024.
UTI Pension Fund Ltd. (UTI PFL) is one of the Pension Fund Managers appointed by Pension Fund Regulatory & Development Authority (PFRDA) for managing Pension assets under the National Pension System (NPS). It manages the Pension Assets/Funds of Central Government Employees, State Government Employees and the Private Sector NPS Subscribers.
UTI PFL carries out the Operations as Pension Fund as directed by the Board of Trustees of the National Pension System Trust set up under the Indian Trust Act 1882 and undertakes wholesale asset management activity as prescribed by the Pension Fund Regulatory and Development Authority (PFRDA), Government of India. UTI PFL is governed by PFRDA Guidelines and Regulations.
In order to provide a single window service to its esteemed clients (corporates as well as individuals), UTI PFL has also obtained the point of presence(POP) license from PFRDA in April 2022