VR Logo

Portfolio: Unit Scheme '64

Peep into the most talked about portfolio, revealed on the eve of the much awaited start of the limited repurchase. The limited portfolio disclosure reflects a quality portfolio. However, the dirty secrets could be in the unrevealed 25%

Unit Trust of India has revealed the portfolio of Unit Scheme '64 on the eve of start of the limited repurchase offer. The predominance of government securities and Reliance group companies accounting for 22.71% of the Unit Scheme '64 total portfolio as on June 30, 2001, with Reliance Industries accounting for 15.83% and Reliance Petroleum for the rest 6.88%. Government securities account for 22.23 per cent of the portfolio, a higher than 17.57 per cent as on June 30, 2000. While the maturity profile of the fund's G-Sec exposure is not known.

UTI has not revealed the total market value of the fund. Only the top holdings accounting for 75% of the portfolio has been disclosed.

While government securities remains the top holding of the fund, US-64 also holds a sizeable position in Reliance Industries (15.83%) and Reliance Petroleum (6.88%). US-64 portfolio shows small position in technology stocks -- Infosys Technologies (2.43%) and Satyam Computers (0.74%).

Financial institutions and banks account for 5.35% of the portfolio -- H D F C (2.07%), State Bank (1.71%) and ICICI (1.57%), And the two stocks from the FMCG sector - ITC and HLL - have a combined weight of 7.82 per cent.

The limited portfolio disclosure reflects a quality portfolio. However, the dirty secrets could be in the unrevealed part i.e. the rest 25% of the portfolio.

"US-64: Portfolio as on June 30, 2001"
  Name of Issuer   Instrument  % to Total Mkt. Value
  Reliance Industries  Equity 15.83
  Reliance Petroleum  Equity 6.88
  I.T.C.  Equity 5.74
  Infosys Technologies  Equity 2.43
  Hindustan Lever  Equity 2.08
  H D F C  Equity 2.07
  State Bank Of India Equity 1.71
  Icici  Equity 1.57
  TISCO Equity 1.55
  Larsen & Toubro  Equity 1.31
  Hindalco Industries  Equity 1.30
  Mahanagar Telephone Nigam  Equity 1.23
  Bharat Petroleum Corpn  Equity 1.22
  National Aluminium Co.  Equity 0.74
  Satyam Computers  Equity 0.74
  Dr. Reddy's Laboratories  Equity 0.69
  Grasim Industries  Equity 0.65
  Indian Petro Chemicals Corpn.  Equity 0.57
  Nestle India  Equity 0.49
  Zee Telefilms  Equity 0.49
  Reserve Bank Of India Govt Securities 22.23
  Jindal Iron & Steel Co.  NCD 1.59
  I D B I NCD 0.76
  Hindustan Cables  NCD 0.54
  Jet Airways India NCD 0.48
  ICICI Term Loans 0.48
  Total  75.37
 

   
Also Read:

What To Do With Your Unit '64 now?

How to Redeem your US-64 Units ?