• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai , Jan 27

SPECIAL undertaking of the Unit Trust of India (SUUTI) has decided to distribute additional pay out, post-maturity, to the unit holders of MIP-95. The pay out will be at the rate of Rs. 0.53 per unit on the monthly income option and Rs 1.30 per unit under the cumulative option, according to a company press release.

This is the second additional payout after the scheme matured on June 30, 2002. Earlier, in November 2002, the scheme had distributed a pay out of Rs 0.46 per unit and Rs 1.13 per unit under the monthly income and cumulative options, respectively.

This takes the total additional pay out to Rs 0.99 per unit under the monthly income option and Rs.2.43 per unit under the cumulative option, stated the release.

More Stories on : Mutual Funds

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
SEBI panel moots lower demat charges for small investors

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line