Redemptions in five close-ended ELSS schemes

With the dawn of the financial year 2000-2001, five of the close-ended Equity linked Savings Schemes (ELSS) which were launched in March 1991 were redeemed on March 31 2001. These are- Canpep '91 from Canbank Mutual Fund, Dhan 80CCB(1)-Cum from LIC Mutual Fund, MELS '91 from SBI Mutual Fund, MEP '91 from Unit Trust of India, PNB ELSS '91 from PNB Mutual Fund.