Transcript of the earnings conference call on financial performance of the Company for the quarter ended 30th June, 2026

Ref. No.: UTI/AMC/CS/SE/2026-27/0697 Date: 28th July, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza Plot No. C/1 Phiroze Jeejeebhoy Towers G Block Bandra – Kurla Complex Dalal Street Bandra East Mumbai – 400 051. Mumbai – 400 001. Scrip Symbol: UTIAMC Scrip Code / Symbol: 543238 / UTIAMC Sub: Transcript of the earnings conference call on financial performance of the Company for the quarter ended 30th June, 2026 Dear Sir / Madam, Pursuant to Regulation 30 read with Schedule III Part A Para A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the SEBI Listing Regulations) and as per the relevant SEBI Circulars, we are forwarding the transcript of the earnings conference call held on Thursday, the 23rd July, 2026 at 1600 hrs IST on the financial performance of the Company for the quarter ended 30th June, 2026. The transcript of the aforesaid earnings conference call is also available on the Company’s website at www.utimf.com in compliance with Regulation 46 of the SEBI Listing Regulations. Thanking you, For UTI Asset Management Company Limited Arvind Patkar Company Secretary and Compliance Officer Membership No.: ACS 21577 Encl: As above Information Classification: UTI AMC - Public “UTI Asset Management Company Limited Q1 FY27 Earnings Conference Call” July 23, 2026 MANAGEMENT: MR. VETRI SUBRAMANIAM – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER MR. VINAY LAKHOTIA – CHIEF FINANCIAL OFFICER AND HEAD CORPORATE STRATEGY MR. SANDEEP SAMSI – HEAD INVESTOR RELATIONS – MARKETING AND CORPORATE COMMUNICATION ADFACTORS PR– INVESTOR RELATIONS TEAM Information Classification: UTI AMC - Private UTI Asset Management Company Limited July 23, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the UTI Asset Management Company Limited Q1 FY27 Earnings Conference Call. From the management, we have with us Mr. Vetri Subramaniam, Managing Director and Chief Executive Officer; Mr. Vinay Lakhotia, Chief Financial Officer and Head Corporate Strategy; and Mr. Sandeep Samsi, Head Investor Relations, Marketing and Corporate Communication. We also have the investor relations team from Adfactors PR. As a reminder, all participant lines will be in the listen-only mode. There will be an opportunity for you to ask questions after the presentation concludes. Should you need any assistance during the conference call, please signal for an operator by pressing star and then zero on your touchtone telephones. Please note that this conference call is being recorded. Before we begin, I would like to mention that some of the statements made in today's discussion may be forward-looking in nature and may involve risks and uncertainties. Please note the disclaimer mentioning these risks and uncertainties are on the disclaimer slide of the investor presentation that has been shared earlier. I will now hand over the conference to Mr. Vetri Subramaniam for opening remarks. Thank you, and over to you, sir. Vetri Subramaniam: Yes. Good evening, everybody. Thank you for joining us today. Our financial results, presentation and press release have already been shared on the stock exchanges as well as our website, and we trust you have had the opportunity to review them. Joining me today are familiar faces, Vinay Lakhotia, CFO and Head of Strategy, and Sandeep Samsi, Head of Investor Relations, Marketing and Corporate Communication. Before we discuss the quarter, I would like to briefly touch upon three areas, but I'll keep it very brief because I'm sure all of you are familiar with this. One is the macroeconomic environment. Second is the progress UTI AMC is making against our strategic priorities. And finally, why we remain confident about our long-term growth trajectory. The markets in the first quarter of FY27 witnessed a resilient domestic economy despite global uncertainty. While geopolitical developments and evolving trade dynamics continue to impact market sentiment, India's growth story has remained intact. This could be distinctly seen in the mutual fund industry data, which continued to demonstrate strong structural resilience during the quarter with average AUM reaching Rs 84,18,486 crores in June 2026, registering a robust year-on-year growth of approximately 12.6% from the same period in June 2025. Also, there's healthy retail participation reflected in the industry's investor folio base expanding to nearly 28 crores. Sustained systematic investment plan contributions and continued financialisation of household savings reinforce our confidence in the long-term growth opportunity for the asset management industry. Page 2 of 19 UTI Asset Management Company Limited July 23, 2026 Against this backdrop, I just thought it's a good time once again to remind you of our Mission 2031 strategy, to transform UTI AMC into a larger, more competitive, technology-enabled, and crucially, an investor-centric organisation. Our strategic priorities remain firmly anchored around five key milestones accelerating the AUM growth, strengthening our SIP franchise, expanding our distribution reach, deepening digital capabilities, and above all, delivering better outcomes for our investors. With that, I'm pleased to highlight that the first quarter reflects encouraging progress across each of these priorities. Our mutual fund franchise continued to build reach and momentum during Q1 FY27, supported by healthy investor participation across retail and institutional segments. As our business approaches the Rs 4,00,000 crores quarterly average AUM milestone, our focus remains not only on growing with the industry, but on consistently improving our competitive position and increasing our share of industry assets through disciplined execution and investment excellence. As of 30th June 2026, our mutual fund franchise continued to strengthen with quarterly average AUM reaching Rs 3,92,691 crores, contributing to UTI AMC's total group AUM of slightly over Rs 20,00,000 crores. We remain particularly encouraged by the improving quality of our asset mix, with equity assets across both active and passive strategies accounting for 70% of our average mutual fund AUM, compared to the industry's equity-to-non-equity mix of 62:38 ratio, reflecting our continued focus on long-term wealth creation. Our investor franchise also continued to expand. We added approximately 3.89 lakh folios, taking our total live folio base to 1.42 crores. We also added 2.51 lakh new investors as measured by their PAN as of 30th June 2026. This has been supported by one of UTI AMC's enduring competitive advantages, that continues to be the breadth of our distribution franchise with presence in 699 districts across India. During the quarter, we further strengthened our engagement with banks, national distributors, MF distributors, and wealth partners through focused fund manager interactions, distributor education programs, and data-driven sales initiatives. We believe that expanding our reach beyond the largest cities will remain a significant driver of future growth as mutual fund penetration deepens across the country. A key indicator of the strength of our franchise continues to be the momentum in our SIP business. SIPs remain a key driver of sustainable growth, with our gross SIP inflows of Rs 2,502 crores during the quarter and SIP AUM increasing 8.05% year-on-year to Rs 45,595 crores. At the same time, our digital capabilities continue to gain traction, with digital purchase transactions reaching 60.9 lakh in June 2026 from 49.14 lakh in June 2025, a year-on-year increase of 23.93%, underscoring the growing adoption of digital platforms. And this once again speaks to our ability to engage investors across channels. While these numbers are encouraging, we view them as milestones in a much longer journey. Page 3 of 19 UTI Asset Management Company Limited July 23, 2026 Our focus remains firmly on building sustainable market share and strengthening [Showing first 8,000 characters — download PDF for full document]