Unlisted debt weighs down 37 UTI schemes

Posted: Saturday, Feb 02, 2002 at 0000 hrs IST
Updated: Saturday, Feb 02, 2002 at 0000 hrs IST

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Mumbai, February 1:: Rs 12.86 crore respectively while the repurchase under special package was at Rs 218 crore.

During the period, the net asset value (NAV) of the scheme, which went NAV-based from January 1, this year, ranged between a high of Rs 6.27 (on Jan 14) and a low of Rs 5.98 (on Jan 30) while the package price for the month was at Rs 10.50.

From January 1, the ceiling for redeeming units under the special window was raised from 3,000 to 5,000 units.

The distinct feature of the repurchase was that more redemption came from the small unit-holders for which the government had declared a special package as against NAV-based repurchase....

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