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UTI Mutual Funds: Original post by Tom Gresham of Demand Media The UTI Asset Management Co. Ltd., formerly the United Trust of India, manages the UTI Mutual Funds. The UTI Mutual Funds can trace their history to the founding of the Unit Trust of India in 1963. Unit Trust of India opened the country's first mutual fund in 1964, enjoying a monopoly on the industry in the country for more than 20 years. UTI states on…

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