Specified Undertaking Of Unit Trust Of India

Hey I want to know about the Specified Undertaking Of Unit Trust Of India so can you put some light on this so I can have an idea

[pawan]

Well the Unit Trust of India is a financial organization in India, which was created by the UTI Act passed by the Parliament of India on December 30, 1963


Specified Undertaking Of Unit Trust Of India is a new entity called Specified Undertaking of UTI, SUUTI.

By this entity the assets and liabilities of schemes where Government had to come out with a bail-out package were taken over directly by the Government

SUUTI holds around 11.66 percent stake in Axis Bank, 11.77 percent in ITC and 8.18 percent in


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