(a) Whether the Government Mutual Fund Agency UTI retaining the
premier position in the same sector at present;
(b) If not, the reasons for such fall of the UTI; and
(c) The steps being taken by the Government to bring back the organisation to its past glory?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PAWAN KUMAR BANSAL)
(a) to (c) The Government of India does not have any shareholding
in UTI Mutual Fund (UTI MF). Government`s policy is to provide an
environment for the healthy growth of the capital market, including
the mutual fund industry.