IL&FS jitters erode 12.5% of MF assets; AUM shrinks to Rs 22 trn in Sept - Business Standard

Business Standard
IL&FS jitters erode 12.5% of MF assets; AUM shrinks to Rs 22 trn in Sept
Business Standard
The crisis linked to Infrastructure Leasing & Financial Services (IL&FS) has hit the mutual fund (MF) industry hard, with 12.5 per cent, or Rs 3.16 trillion, of industry assets getting shaved off in a single month. Total assets under management (AUM ...and more »