UTI Asset Management Company Limited announced its financial results for the second quarter and first half of Fiscal Year 2027, ending September 30, 2026. The company reported consolidated core income of ₹398 crore for the quarter and ₹777 crore for the half-year. Core profit after tax stood at ₹131 crore for the quarter and ₹263 crore for the half-year, indicating growth in profitability. The Assets Under Management (AUM) for mutual funds also saw an increase.
UTI Asset Management Q2 FY27 Earnings Report
UTI Asset Management Company Limited has released its financial performance for the second quarter and the first half of Fiscal Year 2027, concluding on September 30, 2026. The company presented its earnings conference call transcript detailing key financial and operational highlights.
Financial Performance Highlights
On a consolidated basis:
- Quarter two FY27 consolidated core income was ₹398 crore, a 2% year-on-year and 5% quarter-on-quarter increase.
- Core profit after tax for the quarter was ₹131 crore, up 22% year-on-year and 2% quarter-on-quarter.
- Profit after tax for the quarter stood at ₹132 crore, showing a 17% year-on-year increase and a 55% quarter-on-quarter decrease.
- For the half year of FY27, consolidated core income was ₹777 crore, up 1% year-on-year.
- Core profit after tax for H1 FY27 was ₹263 crore, up 15% year-on-year.
- Profit after tax for H1 FY27 was ₹426 crore, up 22% year-on-year.
On a standalone basis:
- Quarter two FY27 core income (sale of service) was ₹324 crore, up 2% year-on-year and 5% quarter-on-quarter.
- Core profit after tax for the quarter was ₹136 crore, up 31% year-on-year and 14% quarter-on-quarter.
- Profit after tax stood at ₹143 crore, down 14% year-on-year and 34% quarter-on-quarter.
- For the half year of FY27, standalone core income was ₹632 crore, up 1% year-on-year.
- Core profit after tax for the half year was ₹253 crore, up 14% year-on-year.
- Profit after tax stood at ₹361 crore, down 5% year-on-year.
Business Performance and Strategy
The company’s mutual fund quarterly average AUM for Q2 FY27 was ₹4.02 lakh crore, representing a market share of 4.61%. Total group AUM stood at ₹16.28 lakh crore as of September 30, 2026. Equity-oriented assets constituted 72% of the mutual fund AUM. The company registered 5.96 lakh new SIPs in Q2 FY27, with 87% sourced digitally. The live folio base reached 1.47 crore, with 3.6 lakh new investors added in the quarter.
UTI AMC’s strategic priorities include accelerating AUM growth, strengthening its SIP franchise, expanding distribution reach, deepening digital capabilities, and delivering better outcomes for investors, guided by its Mission 2031.
Product Development and Distribution
The company launched the UTI Balanced Hybrid Fund and four passive products linked to the Nifty 500 and BSE India Sector Leaders indices in Q2 FY27. Plans are in place to launch a Hybrid Long-Short Fund in Q3 FY27. The company is also focusing on enhancing its distributor outreach through programs like YOUnited and leveraging its 255 branches across the country.
Outlook
UTI AMC remains focused on capitalizing on the structural growth potential of the mutual fund industry, aiming for substantial growth and a larger share of industry flows. The company is also exploring strategic partnerships for its international business and expanding its alternative investment offerings.
Source: BSE
