Reliance Industries (RIL) tops the Unit Trust of India's (UTI) equity portfolio as on June 30, 2001, with the trust holding the stock cumulatively worth Rs 3383.67 crore.
ITC, with an aggregate market value of Rs 2089.28 crore, is placed second while Hindustan Lever, with an aggregate market value of Rs 1603.26 crore, is at third place in UTI's portfolio. Infosys Technologies with an aggregate market value of Rs 1539.96 crore ranks fourth in the list, while Reliance Petroleum with a market value Rs 1120.83 crore ranks fifth.
This compilation is based on data for 68 schemes--including the US-64, equity, balanced and debt oriented schemes, for which UTI has published details as at the end of the 2000-01 financial year (July-June). The UTI's holding in its US-64 scheme in individual stocks as on June 2001 has been calculated on the assumption that the US-64 scheme continued to hold the same number of shares in June 2001 as in December 2000.
On the basis of this assumption, the total corpus of US-64 as on June 2001 works out to Rs 13,138 crore. Thus, ITC accounts for 5.74 per cent of US-64's total corpus of June 2001. The market value of other stocks in US-64 was worked out on the basis of their percentage holding in US-64 scheme.
UTI had a total investible corpus of Rs 48,908 crore as on June 30, 2001 of which, investments in equity amounted to Rs 18,097 crore (37 per cent). Of the total corpus of Rs 18,097 crore invested in equity shares, the top four stocks, -- Reliance Industries, ITC, Hindustan Lever, and Infosys Technologies--account for 47.61 per cent (with an aggregate value of Rs 8,616 crore). Reliance Industries accounts for 18.7 per cent of the equity holdings, ITC accounts for 11.54 per cent of UTI's equity portfolio while HLL accounts for 8.86 per cent. Infosys Technologies accounts for 8.51 per cent.
