Were retail investors hurt by the June 4 market crash? | Data

Were retail investors hurt by the June 4 market crash? | Data

FILE PHOTO: A security guard walks past the logo of the National Stock Exchange (NSE) inside its building in Mumbai, India, May 28, 2019. | Photo Credit: FRANCIS MASCARENHAS The activity of the stock market as the general elections drew to a close has been a subject of controversy. Indian stocks hit record highs after … Read more

Left high and dry! How mutual fund investors missed buying at lower NAV on election results day

Left high and dry! How mutual fund investors missed buying at lower NAV on election results day

On June 4, a serious glitch disrupted the mutual fund investments of numerous investors using online platforms such as Zerodha and Groww. Despite purchasing their mutual funds before the cut-off time, these investors discovered they were allocated the Net Asset Value (NAV) for June 5 instead of June 4, leading to significant financial losses. In … Read more