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Six mutual fund houses saw decline in assets under management by over Rs 3,000 crore in January. Out of 44 fund houses, around 24 witnessed outflows (Source: ACE MF)
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Those companies which are able to quickly improve productivity can benefit, but those which lag behind will get hurt. So, clearly there will be a separation of the men from the boys in the Indian land
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Mutual fund schemes often impose an exit load, a fee charged during premature withdrawals to discourage such actions and maintain fund stability. The exit load varies based on the fund type and holding period, and is typically calculated as a percentage of the redemption value.
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