The Unit Trust of India is open to selling a part of its blue chip equity holdings in the US-64 portfolio through negotiated deals to anyone willing to pay a mark-up over the market price. This could include promoters, institutions and even third parties.
A senior UTI official told Business Standard that stock market conditions would be taken into consideration while making any sale.
The top 10 equity investments of US-64 account for almost 60 per cent of its total equity holdings of Rs 8,324.65 crore at the end of December 2001. They include Reliance Industries, ITC, Reliance Petroleum, Infosys Technologies, HLL and HDFC Ltd. At the end of 2001, Reliance Industries accounted for 13.86 per cent of the flagship
