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Zurich India Sov. Gilt Prov. Revises Inv. Composition


Zurich India Sovereign Gilt Provident Plan has revised its investment composition. According to the existing investment composition, the fund was supposed to invest primarily in government securities while maintaining an average maturity of the portfolio not exceeding 10 years.

Now, according to the revised investment composition, the Provident Plan shall primarily invest in government securities of long-term residual maturities.

All unit holders in the above plan as on April 10, 2002 including all valid new purchases can opt to repurchase their units without any exit load till April 07, 2002.