UTI MF launches Facebook messenger ‘Chatbot’

UTI Mutual Fund (UTI MF) has launched the Chatbot, which allows existing UTI mutual fund investors to invest into UTI schemes. The Chatbot is also capable of answering basic mutual fund related queries, automatically. This initiative aims to enable and simply digital investing.

UTI Chatbot is accessible exclusively through the Facebook messenger platform via the UTI MF Facebook page.

This is UTI’s first attempt to leverage machine learning technology for helping its customers invest seamlessly through their preferred digital platform. UTI will work on improving the capabilities of this platform and cater to different investor segments in future.


Leo Puri, Managing Director, UTI AMC says, "We are committed to leveraging technology to make life easier for investors. Whether it is through the new website, the two new mobile apps (i.e UTI MF app and UTI Buddy app) or the UTI Chatbot, these assets come together to enable and encourage digital investments"

UTI MF is one of the largest mutual funds in India with investor accounts of over 1 crore under its 221 domestic schemes / plans as on December 31, 2017.

UTI MF is a Sebi registered mutual fund whose sponsors are State Bank of India, Punjab National Bank, Bank of Baroda and Life Insurance Corporation of India.