So, I would say that where those valuations were a little bit overvalued because the whole market was overvalued, to the extent that the correction is coming there, I would say some fund managers would look at buying those not related to the specific case over a period of the next few days because they are good, solid operating companies which are just sentimentally getting affected by this particular case.
Mutual fund NFOs: 3 new funds will open for subscription this week
Three mutual fund NFOs—two ETFs and one flexi cap—are opening this week. Investors should evaluate based on risk appetite, goals, and time horizon before subscribing