Thank you very much. Will have to wait to decide....

Leave it,
What are the implications of the information provided by you?
Should one wait for the fund become open ended and the redeem or sell it now, all other factors remaining the same....

I seek help of the well informed and experienced.
My 90 year old uncle has certificates of “ UNIT TRUST OF INDIA, Unit Scheme 1964 (Clause 11)”. The certificates have been issued in 1991, 1993, 1994 and 1996. I am aware that us 64 was converted into tax free bonds..
Please advise as to who will be able to check and advise (a) status of the certificates and (b) details of payment in case these certificates have been redeemed. Email Id of the office which should be contacted may please be advised.

...

To waryabs The management has just minimised the payment of the pressure of redemption value,by making it an open ended scheme as all the holders need not be compulsorily paid the NAV less expences. The holders may apply as they think best and to keep them in tender hook, may declare a hefty dividend shotly after it becme an O.E scheme. The holders may not note that the NAV will correspondingly come down. Let us see what happens. Personally, I have come out 9 months ago. This is the implication of the mail I posted. As for the query you raised, it is for you to take a decision. To be a member of the scheme after it became O.E. or to sell it away. V.krishnamoorthy...

Please contact if you are in Mumbai, UTI Technology Services Ltd., Plot No 3 Post Bag 18, Sector 11, CBD Belapur, Navi Mumbai 400614. email address mumbai @ utitsl . co . in. Omit all spaces in between the email address while writing. All these US 64 units were compulsorily converted into 6.75% bonds which were issued tax free. Please tell me the total number of units held under these certificates by your uncle so that I can be of more assistance....