Rupee dips - G-Secs weak
Mumbai: The rupee closed a shade lower at 43.5850 against the dollar on Tuesday than its Monday close of 43.56.

Forward market: The 6-month premium closed at 1.50 per cent (1.47 per cent) and the 12-month premium closed at 1.35 per cent (1.30 per cent).

G-Secs: Bond prices fell by around five basis points or by 30 paise with the 7.38 per cent 10-year benchmark paper closing at Rs106.04 (6.57 per cent YTM) against Monday's close of Rs106.

Call rates: The inter-bank rates remained between 4.5 per cent and 5 per cent.

CBLO market: In the CBLO market, 174 trades aggregating Rs5069.25 crore was put through in the rate range of 2 to 4.80 per cent.
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Aviva unveils two unit-linked fund options
New Delhi: Aviva Life Insurance has introduced two new unit-linked fund options — Secure and Growth — in its existing LifeLong, PensionPlus, LifeSaver, YoungAchiever and EasyLife Plus fund options. This is in addition to the Unit-linked Balanced Fund available in these products.

The Secure Fund and Growth Fund options, which were introduced in LifeBond5 product last year in February, yielded the company good returns. Thus, the company has decided to introduce them in their other products as well.

Investors can choose between the Secure, Growth or Balanced fund as per their risk appetite or can even invest in a combination of the three funds.

Aviva's flagship fund, the Unit linked Balanced Fund has posted a return of 20.78 per cent for 2004, officials said.
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