“The MF industry has been seeing redemptions because people have been booking profits for their investments over the past years. Minus SIP flows, gross lump sum flows minus redemption, generally it is a negative number. That has made the AUM come down. Also, as the corporate capex cycle revives, corporates which had parked their surpluses have been drawing down.”
Did Goodluck India shares really crash 66% in just one day? Here’s how the bonus math works
Goodluck India shares appeared to plunge 66% after adjusting for the company’s 2:1 bonus issue, but the stock was down only around 4% on an