Since these FoFs had investments in two of the six funds which were closed on Friday, it was difficult for these FoFs to generate any income in the current situation and hence have been suspended. With the suspension of these FoFs, the total asset under suspension for twelve schemes together is now at nearly Rs 27,000 crore.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3eQeKgJ
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