UTI Asset Management Company (UTI AMC) has revised the trading symbols of select exchange-traded funds (ETFs) listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), with changes taking effect from December 24. The move aims to enhance visibility and create uniformity across the fund house's ETF offerings.

New Symbol Format Implementation

Under the revised nomenclature, ETF symbols will combine the underlying index name with the suffix "BETA" across both exchanges. This standardized approach replaces the previous naming convention that included the fund house identifier.

Scope of Changes

The symbol revisions apply to a comprehensive range of UTI AMC's ETF portfolio across multiple asset classes:

• Equity ETFs: Funds tracking benchmark indices including Nifty 50, Sensex, Nifty Bank, and Nifty IT
• Debt ETFs: Government securities exchange-traded funds
• Commodity ETFs: Gold and silver ETFs

Sharwan Goyal, Head – Passives, Quant and Arbitrage at UTI AMC, explained that the symbol changes are designed to simplify identification and improve clarity for market participants. The uniform naming convention helps investors better recognize the underlying index or asset class associated with each ETF.

Impact on Existing Investments

UTI AMC has clarified that the revisions are limited exclusively to trading symbols and do not affect fundamental aspects of the ETF schemes. The investment objective, portfolio composition, methodology, and other core characteristics remain unchanged. Existing investors are not required to take any action due to these symbol modifications.

Market Benefits

The standardized naming approach is expected to enhance the overall ETF trading experience by making fund identification more intuitive for both retail and institutional investors. The new format eliminates the need for investors to remember fund house-specific abbreviations while clearly indicating the underlying benchmark or asset class.

Shriram Asset Management Company Limited has announced a key leadership appointment in its compliance function, naming Ms. Vinita Kapoor as the company's new Compliance Officer effective December 23, 2025.

Board Approval and Appointment Details

The Board of Directors approved Ms. Kapoor's appointment through a Circular Resolution on December 23, 2025, at 01:25 P.M., following recommendations from the Nomination and Remuneration Committee. The appointment is made in accordance with provisions of Regulation 6(1) of the SEBI Listing Regulations and takes effect from the start of business hours on December 23, 2025.

Professional Background and Expertise

Ms. Vinita Ashokkumar Kapoor brings substantial experience to her new role, with over 12 years of expertise in corporate governance, secretarial, legal, and regulatory compliance across diverse financial sectors. She is a qualified Company Secretary from the Institute of Company Secretaries of India (ICSI) and holds a law degree from Government Law College, Mumbai.

Her professional experience spans listed companies, asset management firms, and alternative investment platforms, providing her with comprehensive understanding of regulatory requirements across different financial sectors.

Previous Professional Experience

Ms. Kapoor's career includes senior positions at prominent financial institutions. She served as Assistant Vice President - Governance Compliance at EAAA India Alternatives Limited (formerly known as Edelweiss Alternative Asset Advisors Limited), where she handled LODR compliances for debt-listed entities, IPO-related matters, offshore and FEMA compliances, AIF regulatory requirements, and issuance of listed debt instruments.

Her professional journey also includes senior roles at:

• Nippon Life India Asset Management Limited (formerly Reliance Nippon Life Asset Management Limited)
• Bombay Cycle Motor Agency Limited
• Walchandnagar Industries Limited

Regulatory and Compliance Expertise

Ms. Kapoor possesses extensive exposure to critical areas of financial compliance, including SEBI regulations, stock exchange compliances, board and committee processes, IPOs, ESOPs, investor grievance mechanisms, and regulatory audits. She has demonstrated expertise in handling complex, time-sensitive compliance requirements and has been acknowledged by ICSI for her academic and professional achievements.

The appointment strengthens Shriram Asset Management Company's compliance framework as the company continues to navigate the evolving regulatory landscape in the asset management industry.