UTI AMC is planning to foray into pension sector and manage the newly constituted National Investment Fund (NIF).According to U K Sinha, CEO of UTI AMC,"The new mantra will be three Ts -- Trust, Transparency and Technology to take Rs 25,000 crore mutual fund to a new high".Adding that, "We are looking at a high growth path. But we will not take any decision which goes against the interest of the investors,". Sinha, was former joint secretary (capital markets) in the finance ministry.On the pension foray, he said: "Government's pension policy says that more than one PSU can be allowed to operate as pension fund managers. UTI AMC qualifies for a PFM."UTI AMC will also pitch for managing the national investment fund, he added.Further the AMC also plans overseas expansion. The fund currently has three offices in London, Dubai and Bahrain. It plans to open centres in Singapore and Oman in the next few months."Through UTI International, we can channelise lot of FII inflow into India," added Sinha said.
