UTI Mutual Fund has introduced Wealth 360, a new digital tool designed to simplify financial management. Available via the UTI MF app and website, the feature allows users to aggregate and monitor their investments—including bank deposits, mutual funds, stocks, ETFs, and NPS—in one secure dashboard. Built on the Account Aggregator framework, this free-to-use platform provides daily refreshed insights into an investor’s overall net worth and spending patterns.
Streamlining Digital Finance
To address the growing complexity of modern investment portfolios, UTI Mutual Fund has launched Wealth 360. As investors diversify their assets across various financial institutions, tracking fragmented data has become increasingly time-consuming. This new solution centralizes that data, offering a unified dashboard that provides a comprehensive overview of financial holdings without the need for multiple tracking applications.
Secure and Data-Driven Insights
Developed in collaboration with Finarkein through the Sahamati-led Account Aggregator ecosystem, Wealth 360 prioritizes user privacy. The platform enables secure, consent-based sharing of financial information. Users retain full control over which accounts they link, with consent valid for one year and revocable at any time. Importantly, all shared information is encrypted and remains inaccessible to UTI Mutual Fund itself, ensuring that only the user can view their consolidated financial picture.
Future-Proofing Investor Experience
The leadership at both UTI AMC and Finarkein emphasizes the importance of this release in the context of India’s evolving open finance landscape. Mr. Vinay Lakhotia, Group President & CFO of UTI AMC, noted that the platform was created to meet the demand for a reliable, consolidated view of wealth. Similarly, Nikhil Kurhe, CEO of Finarkein, highlighted that providing investors with a seamless, real-time lens across all financial assets is a competitive advantage that fosters deeper, trust-based relationships within the asset management industry.
Source: BSE
