Top 3 holdings account for 35% of US-64 portfolio

UTI disclosed the portfolio of its flagship scheme US-64 on Tuesday. As on August 31, 2000, the portfolio was worth Rs 206.58 billion. Debt instruments issued by the RBI are its biggest holdings and account for 16.34 per cent of the total portfolio value.

US-64's next biggest investment is in the Reliance group. US-64 has invested 18.66 per cent of its total portfolio in just two scrips of the Reliance group; Reliance Industries (12.88 per cent) and Reliance Petroleum (5.78 per cent). Put together, the investment in the RBI debt and Reliance group alone account for 35 per cent of the total portfolio.

Below is a table of the top holdings of US-64, accounting for 75 per cent of the toal portfolio as on August 31, 2000.

Name	Instrument	% of total
RBI	Debt	16.34
Reliance Industries	Equity	12.88
Reliance Petroleum	Equity	5.78
ITC	Equity	4.76
Himachal	Equity	4.60
Infosys	Equity	4.01
Infosys	Equity	4.01
ICICI	Equity	2.66
Satyam Computers	Equity	2.29
Satyam Computers	Equity	2.29
SSI	Equity	1.86
HLL	Equity	1.82
SBI	Equity	1.52
HDFC	Equity	1.42
Global Tele	Equity	1.42
Tisco	Equity	1.34
Jindal	Equity	1.34
MTNL	Equity	1.29
Hindalco	Equity	1.24
L&T	Equity	1.09
Zee Telefilms	Equity	0.94
Visual Software	Equity	0.88
Ranbaxy	Equity	0.69
Grasim	Equity	0.67
IPCL	Equity	0.64
Naclo	Equity	0.58
ITIL	Equity	0.54
NIIT	Equity	0.53
ICICI Bank	Equity	0.48
Pentamedia	Equity	0.48
BPCL	Equity	0.47
Mastek	Equity	0.45
Total		75.01
Total Market Value (in Rs bln)		206.58 bln

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