UTI Mutual Fund Joins ONDC Network to Drive Inclusive, Digital-First Investing Across India

Varahi media.com online news,Mumbai, 22nd April 2025: UTI Asset Management Company (UTI AMC), one of India’s most trusted mutual fund houses, has announced its integration with the Open Network for Digital Commerce (ONDC), in partnership with Cybrilla—an innovative fintech solutions provider.

This milestone move reinforces UTI AMC’s mission to deepen financial inclusion and democratize access to wealth creation opportunities. With this integration, UTI Mutual Fund products will now be accessible through the ONDC Network, bringing digital-first investment solutions to investors across the country—especially in underserved Tier 2 and Tier 3 cities.

Speaking on the initiative, Mr. Vinay Lakhotia, Chief Financial Officer at UTI AMC, stated,
“We are proud to extend our reach through the ONDC Network, empowering millions of new investors across India. Our aim is to simplify mutual fund access and make wealth-building opportunities truly inclusive. This step enables us to reach individuals who have traditionally been left out of the formal financial ecosystem.”

Hrushikesh Mehta, SVP—Financial Services at ONDC, added,
“Welcoming UTI AMC to the ONDC Network via Cybrilla marks a significant stride in making investment access infrastructure-led and inclusive. This integration brings trusted financial tools directly to the user’s fingertips—especially those in rural and remote areas—through familiar and open digital platforms.”

Launched by DPIIT under the Ministry of Commerce, ONDC is a government-backed initiative designed to democratize digital commerce by creating an interoperable network for transactions. By harnessing ONDC’s open infrastructure, UTI AMC will be able to offer mutual fund products to a broader population, enabling even first-time investors in remote regions to take their first steps toward financial security.

This effort complements UTI AMC’s broader fintech collaborations—including with Appreciate Wealth—and represents a significant leap in closing the urban-rural investment gap, while strengthening India’s evolving digital public infrastructure.