Business Standard

Uti To Wind Up India Growth Fund

Image

Our Markets Bureau BUSINESS STANDARD

India Growth Fund, a closed-ended fund run by the Unit Trust of India (UTI), is being wound up. The fund, which is listed on the New York Stock Exchange (NYSE) had been trading below its net asset value (NAV).

However, the fund did not specify the reason for its planned liquidation. The fund announced on Thursday in New York that its board plans to sell the fund

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 05 2002 | 12:00 AM IST

Explore News