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[Paytm] Many MF will face the wrath next week

How do MF manage such shocks? Damn, didn't know that so many MF had exposure. I think many of them may not buy more if other payment players start poaching merchants. Intresting to see SBI payments reacting to news. https://www.livemint.com/mutual-fund/paytm-stock-crash-mutual-funds-schemes-likely-to-face-music-with-navs-under-pressure-rbi-bse-paytm-shares-markets-11706776025430.html

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DaringTrain

Stealth

7 months ago

Interestingly, Quant sold their stake in January itlelf. And this isn't the first time they were able to do it in a scrip before a bad event
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TurningBrain

Stealth

7 months ago

Quant has the highest stock turnover ratio across all MFs. Somehow that's comforting for me since it's an indicator of proactive thinking of fund managers
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DiwaliBonus

Zomato

7 months ago

We had the news around micro loans (sub 50k) being targeted by RBI. They probably saw the cue and exited after the stock fell like 15% in a few days Nothing shady tbh.
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ElonMast

Amazon

7 months ago

“Mutual Funds are subjected to market risks”. Such shocks are embedded in the product.
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MuchosGracias

Stealth

7 months ago

Everyone will be scrambling to find the ‘offer document’ now to ‘read carefully’ now :(
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Indusplateau

Stealth

7 months ago

I m curious but was Paytm a midcap company? That many midcap & Large cap MF have them
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DiwaliBonus

Zomato

7 months ago

Paytm, after the 3 drops of 20,20,10%, still has a market cap of 27,800cr which makes it a large cap stock. Any stock values above 20k cr ($2.5bn) is a large cap stock. Paytm IPOed at $19bn.
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Pyaracetamol

Zomato

7 months ago

My mind whenever I see MF.
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