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JumpyHamster
JumpyHamster
Stealth

[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

16mo ago
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JumpyHamster
JumpyHamster
Stealth16mo

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

SqueakyMuffin
SqueakyMuffin
Zomato16mo

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.

GigglyBiscuit
GigglyBiscuit
Zomato16mo

My mind whenever I see MF.

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