New Funds, Old Story

As usual, the new funds that collected thousands of crores are deeply under water. It's a new version of an old story

The 3500-point crash of the Sensex in a month has decimated the NAVs of mutual funds that were mindlessly riding the bull bandwagon. The largest gush of money came into the funds between Sensex levels of 10000-12000, as investors succumbed to the marketing pitch of funds and...

Archived Premium Content
This article is outside your subscription period. You can buy this article individually.
SINGLE ARTICLE
Rs 50-Rs 100 + GST
Access will be given ONLY to this article.
 
Already a subscriber ? Log in
Free Helpline
Legal Credit
Feedback