Dhanlaxmi Bank join hands with UTI Mutual Fund

Source:Business line,22 April 2010


MUMBAI: Private sector Dhanlaxmi Bank has entered into an alliance with UTI Mutual Fund (UTI MF) to offer a bouquet of UTI MF’s schemes to its customers.
“This alliance with UTI MF will help us provide quality funds to our customers and thereby provide more choices and opportunities for financial planning,” the Dhanlaxmi Bank Head-Broking and Distribution, Mr D.A. Dhananjaya, said in a statement.
The UTI Asset Management Company (AMC) Chief Marketing Officer, Mr Jaideep Bhattacharya, said: “The tie-up will enable UTI MF to offer its comprehensive range of mutual fund products to a wider segment of the society.”
Dhanlaxmi Bank already has distribution agreements with ICICI Prudential Mutual Fund and Kotak Mahindra MF, the statement said. — PTI