The Unit Trust of India's (UTI) debt investments through 67 schemes at the end of June 2001 stood at Rs 24,150 crore, which is 67 per cent of its investible corpus.
As per the UTI's latest data, chunk of the investment is scattered across 49 debt-oriented schemes, and does not include the flagship US-64.
Of the debt portfolio, 69. 5 per cent comprise investible grade papers. Of this, 31.83 per cent are AAA instruments and 10.93 is AA+ rated instruments. Other investible grades account for 26.7 per cent
Gilts account for 14.1 per cent, while 16.5 per cent comprise speculative grade (BB or lower) securities.
Unit Scheme-71, an open ended balanced fund, has debt investment of Rs 2,417 crore, which accounts for 10 per cent of UTI's debt investments. MIP '99, a closed-ended debt-oriented scheme, is second with debt investments of Rs 1,500 crore at the end of June 2001. MIP '97 (II) scheme, also a closed-ended debt oriented scheme, ranks third with a debt investment of Rs 1,262 crore.
Among the 49 schemes, Unit Scheme-71 again takes the major share in terms of investments in AAA or AA+ instruments.
Unit Scheme-71's investment of Rs 781 crore in AAA rated instruments takes a major pie, accounting for 10 per cent of trust's investments of Rs 7,686 crore in AAA paper. The scheme has around Rs 239 crore in AA+ rated instruments, accounting for 9 per cent of the trust's investment of Rs 2,639 crore in AA+ instruments.
This makes the Unit scheme-71 the most heavily loaded scheme with 42 per cent of its debt investments in AAA and AA+ rated instruments.
MIP '99 again on the second slot, accounts for 6.8 per cent of the fund AAA rated and 7.7 per cent of AA+ rated investments. For MIP 97 (II) investment in AAA rated to Rs 412 crore and AA+ rated to Rs 132 crore makes to 43 per cent of its total schemes debt investment.
