Mutual fund investors will likely see the net asset values (NAVs) of their investments drop in schemes that hold Yes BankNSE -56.11 %’s debt after the central bank imposed operational curbs, capping withdrawals to prevent a run on the stressed lender. As per data from Rupeevest, 32 mutual fund schemes cumulatively hold debt worth Rs 2,848 crore in Yes Bank as of January 2020.
Key to long-term investing: ‘Time in the market’ more important than ‘timing the market’
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