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Utis Proposal For Us-64 A Recipe For Bankruptcy

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BUSINESS STANDARD

The India Infrastructure Report 2002 has warned that if Unit Trust of India announces a low net asset value of its flaghip scheme US-64 early next year, it will most certainly knock the bottom out of the equity markets. UTI has announced that it will shift US-64 into the NAV mode in January 2002.

Terming the mutual fund behemoth

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First Published: Dec 13 2001 | 12:00 AM IST

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