UTI to be Sebi compliant by 2002
Chandigarh: Unit Trust of India chairman M Damodaran on Saturday asserted that all its schemes would comply with Sebi norms by 2002 while the price of flagship scheme US-64 would be linked to its net asset value.

"UTI will be completely Sebi compliant by year 2002. All the schemes of UTI will become NAV-based by January 2002," Damodaran told reporters here on Saturday.
Back to News Review index page