UTI Retirement Solutions Limited (UTI RSL)
UTI Retirement Solutions Limited (UTIRSL), a 100% subsidiary of UTI Asset Management Company Limited was incorporated on 14 th December 2007 under the Companies Act, 1956 with its registered office at UTI Tower, Gn-Block, Bandra Kurla Complex, Bandra East, Mumbai – 400 051 for managing pension assets under National Pension System (NPS). It started its operations from 31 st March, 2008.
UTI Retirement Solutions Ltd. (UTI RSL) is one of the Pension Fund Managers appointed by Pension Fund Regulatory & Development Authority (PFRDA) for managing Pension assets under the National Pension System (NPS). It manages the Pension Assets/Funds of Central Government Employees, State Government Employees and the Private Sector NPS Subscribers.
UTI RSL carries out the Operations as Pension Fund as directed by the Board of Trustees of the National Pension System Trust set up under the Indian Trust Act 1882 and undertakes wholesale asset management activity as prescribed by the Pension Fund Regulatory and Development Authority (PFRDA), Government of India. UTI RSL is governed by PFRDA Guidelines and Regulations.