May 02, 2020 05:24 PM
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With the introduction of recent correction in market due to corrona virus, this company has crashed, This mf has a record of 22054 crore drop in AUM in last 3 days. Investors wealth have been wiped out . Of this 22, 054 crore redemption in the last three days nearly half is from the categories of credit risk fund. This was made public on 23 April evening.
SEBI has mandated a minimum of 65% of AUM be invested in AA and below rated securities.