STUDY REVEALS Rs935-CRORE EROSION IN US-64 OVER Q2
Article Abstract:
A study done on the top 24 holdings in the investment portfolio under the US-64 scheme of the Unit Trust of India shows that there has been a further erosion of Rs935 crore between June 30, 1998 and September 30, 1998. The study shows that the investment value of these 24 holdings under the scheme have reduced by 28 percent till June 30, 1998 compared to the values as on June 30, 1998. The total loss comes to about Rs1800 crore after June 30 till September 30, 1998 as the 24 holdings constitute about half the corpus of US-64. (khr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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UTI LAUNCHES WEBSITE
Article Abstract:
The Unit Trust of India has launched its own website and can now be accessed on the Internet at www.unit-trustofindia.com. The website has information for individuals and institutions on schemes like the Unit Scheme 1964 to smaller ones. Addresses of the entire UTI service network in India and abroad will be hosted on the website along with the latest news, sale and repurchase prices and net asset values. (khr)
Comment:
The Unit Trust of India has launched its own website and can now be accessed on the Internet at www.unit-trustofindia.com.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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