DSP BlackRock Mutual Fund on Tuesday said it would suspend fresh investments for now in its Micro Cap Fund from Monday. DSP BlackRock Mutual Fund said it has decided to temporarily suspend fresh transactions "as there is a possibility that large inflows into the scheme may prove detrimental to the interest of the existing unit holders."
It is not the first time the fund house has taken such a step. Earlier, in September 2014 and August 2016, the fund house had imposed partial restrictions on inflows.
Managed by Vinit Sambre and Jay Kothari, the Micro Cap Fund had
It is not the first time the fund house has taken such a step. Earlier, in September 2014 and August 2016, the fund house had imposed partial restrictions on inflows.
Managed by Vinit Sambre and Jay Kothari, the Micro Cap Fund had