Return
to Story Page
To print: Select File and then Print from your
browser's menu
PRESS TRUST OF INDIA
MUMBAI, Jan 6: UTI's growth oriented interval fund, Unit Growth Scheme (UGS) 10,000, has opened for public subscription on January 4 and is slated to close on January 10, 1999. The scheme, initially opened in May 1998 on a preferential basis to the unitholders of UGS 2000 and UGS 5000, mobilised Rs 70.4 crore. The UGS 10,000 was then kept open for repurchase during December 7 to December 12, 1998.
The NAV per unit as on December 30, 1998 is Rs 11.83 and has appreciated by 18.3 per cent since the closure of initial subscription while the Sensex and the Nifty have declined by 15.63 per cent and 15.35 per cent, respectively.
UGS 10,000 has an exposure of upto 52.4 per cent in the fast moving consumer goods companies, 22.1 per cent in pharmaceutical companies, 5.3 per cent in engineering companies, five in computer software, 3.8 per cent in consumer products (others), 3.5 per cent in lubricants, 2.8 per cent in chemicals and plastics and the rest in others.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.
------------------------------------------------------------
This story was printed from Net Express located at http://www.expressindia.com. Net Express provides a portal to India, with news from The Indian Express and The Financial Express along with sites on travel and tourism, the entertainment industry, the power sector, the environment and much more.
------------------------------------------------------------