UTI to restructure US-64 portfolio
New Delhi: Unit Trust of India will cap the equity portion of its flagship fund, US-64s portfolio at 55 per cent from a level about 61 per cent now.
The cap on the debt proportion of Unit Scheme 64 (US-64) would be raised to 75 per cent of total assets.

Equity now accounts for 61 per cent of the scheme's estimated $2.3 billion of assets with debt investments, including government securities and money market instruments, the rest.

UTI plans to rebalance the scheme's portfolio in line with the new weightings by 30 June 2003.
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