US-64 sales resume on a
low key
Mumbai:
Fresh sales under the US-64 scheme resumed on 1 January on a low key,
with the fund reporting sales of Rs 2.48 crore across all 54 centres.
The fresh sales are based on
the net asset value (NAV) without any entry load in January, 2002.
Next month onwards, US-64 units will be sold with an entry load of 1
per cent.
The repurchases stood at Rs
12.02 crore as against the average daily repurchases of around Rs 4-6
crore in the past few months.
US-64 units were traded at Rs
6.40 on the National Stock Exchange, with traded volumes of 2,38,000
units.
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