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UGS 10000 continues its striking form
Our Market Bureau
Mumbai, Sept 6: UGS 10000, the interval fund from Unit Trust of India which invests predominantly in multinational stocks, continues to outperform the S&P CNX MNC index. At the current NAV (adjusted for dividend of Rs 2 per unit) of Rs 13.52 the returns over a 12-month period works out to -17.06% against a change of -24.97% in the MNC index. Returns since inception of 14.29% is also better than 6.40% change in the MNC index during the same period. The fund is open for sale and repurchase from Sept 4 to Sept 11, 2000.As of August 30, 2000, about 22% of the fund was invested in consumer goods (durable and non-durable), 15.78% in software/media stocks, 14.46% in pharma, 12.5% in chemicals/petrochemicals, 10.7% in engineering, and 10.7% in banking/finance. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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