Uti Faces Rs 5,800-Crore Redemptions This Year

The Unit Trust of India faces Rs 5,800 crore of redemptions this year, as 10 close-ended schemes are set to mature in the year. This is almost 11.22 per cent of its total asset base as at the end of November 2001.

These sche- mes include the assured return schemes like the Monthly Income Plans (MIP), the Institutional Investor