The US-64 Controversy
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EXHIBIT II
DIVIDENDS DECLARED BY US-64
Year |
Dividend declared |
1989-90 |
18% |
1991-92 |
25% |
1993-94 |
26% |
1995-96 |
20% |
1997-98 |
20% |
1999-00 |
13.75% |
1990-91 |
19.50% |
1992-93 |
26% |
1994-95 |
26% |
1996-97 |
20% |
1998-99 |
13.50% |
2000-01 |
10.00% |
Source: www.unittrustofindia.com
ADDITIONAL READINGS & REFERENCES :
1. Sriram N., UTI runs into
rough weather, Business World, May 1,1996.
2. Karp Jonathan, India's flagship mutual fund is beset by a wavering trust,
The Wall Street Journal Interactive Edition, October 15, 1998.
3. Aiyar V. Shankar & Abreu Robin, Breach of trust, India Today, October 19,
1998.
4. Maitra Dilip, Shattered!, Business Today, October 22, 1998.
5. Venkitaramanan S., Distrust in a trust, Business Line, October 26, 1998.
6. Measures to restructure US-64, The Hindu, February 28, 1999.
7. Restoring trust, Business India, April 5, 1999.
8. Sriram N., Dead-end scheme, Business World, July 19, 1999.
9. Bawa Salil, Is US-64 strong enough? The Hindustan Times, August 8, 1999.
10. Khanduri Manish, Some way to go, Business World, November 29, 1999.
11. Turnaround in US-64 scheme boosts UTI income, The Hindu, February
29,2000.
12. Vaidyanathan S., US-64: Is UTI courting trouble?, Business Line, June
04, 2000.
13. www.unittrustofindia.com
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