Ask Value Research

Very old Investments in UTI schemes

These schemes are very old and they have been redeemed years ago

23-Dec-2015•Research Desk

I have 1400 units of Unit Trust of India Growing Monthly Income Scheme 1991 (GMIS1991). This is cumulative/transferable. I have also 2800 units of Unit Trust of India Monthly Income Plan-1996(IV). This is Non Transferable Capital Growth Unit. How I can encash these investments?
- Jasubhai Patel

These schemes are very old and they have been redeemed years ago. GMIS 1991 was redeemed in 1996, and MIP-1996 was redeemed in 2011. You can approach UTI directly for claiming these investments.

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