Unit Trust of India Mastershare discloses portfolio
UTI
unittrustofindia.com
Our Mumbai Bureau
7 SEPTEMBER
UNIT Trust of India?s (UTI?s) biggest close-ended equity scheme, Mastershare-86, with a corpus of around Rs 900 crore, has disclosed its portfolios for the first time since inception.
The fund?s exposure to consumer products is highest with 23.25 per cent, followed by pharmaceuticals at 11.06 per cent and information technology at 8.30 per cent. Its portfolio has undergone a change in the last year and its exposure to the so-called 'Golden Triangle' has increased significantly, sources said.
The top 10 holdings of the fund account for almost 42 per cent of the net assets under management. These stocks include Hindustan Lever (8.58 per cent of its corpus), ITC (8.43 per cent), Reliance Industries (Rs 3.59 per cent), Ranbaxy Laboratories (3.52 per cent), Infosys Technologies (3.25 per cent), Telco (3.16 per cent), Hindalco Industries (3 per cent), NIIT (2.84 per cent), VSNL (2.79 per cent) and Nestle India (2.71 per cent).
The current net-asset value of a Mastershare unit stands at Rs 21.28 (ex-dividend). Its NAV rose by 22 per cent last year. Factoring the bonus and rights issues, one Mastershare unit bought in 1986 has now multiplied to 7.2 units, and has given a compounded annual growth rate (CAGR) of 24.4 per cent as on September 1, 1999, since inception..
. economictimes.com |
