UTI said about 10.3 percent of the corpus was invested in the software sector and 16.7 percent in cyclicals. "Hindustan Lever (Ltd) continues to be the largest holding accounting for 19.4 per cent of the Rs 131 crore corpus as on August 30, 1999," it said.

UTI said a recent restructuring of the scheme's portfolio by increasing its exposure to economy-related stocks has paid dividends. "The scheme has invested in stocks in the engineering sector while marginally reducing its exposure in the pharmaceuticals sector," it said.

"Alfa Laval (India Ltd) is the latest entrant to the portfolio," it said. "Substantial profits have been booked in stocks like Bata (India), Pfizer (Ltd), SmithKline (Beecham) Consumer Healthcare and Carrier Aircon (Ltd)," it said. UGS 10000, whose net asset value was16.52 Rupees as on August 30, will reopen for sale and repurchase on September 6, it added.