VR Logo

SUUTI distributes Additional Pay Outs under MIP-95


The administrator of the Specified Undertaking of the Unit Trust of India has decided to distribute additional pay out, post maturity, to the unit holders of MIP-95 @ Rs 1.06 per unit under monthly income option and Rs 2.60 per unit under cumulative option. This is the third additional pay out after maturity of the scheme on June 30, 2002.

Earlier, the Specified Undertaking of the Unit Trust of India (SUUTI) had distributed additional pay out in two installments aggregating to Rs 0.99 per unit and Rs 2.43 per unit under monthly income and cumulative options, respectively. With the current distribution, the total post maturity pay out amounts to Rs 2.05 per unit under monthly income option and Rs 5.03 per unit under cumulative option.