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Equity MFs see rise in NAV

Posted on: May 29th 2009 in Press Releases.

COIMBATORE: The continuous upswing in the markets has brought the net asset value (NAV) of many mutual funds in the equity diversified category above Rs 10, a price at which new fund offers are available in the market. Of the 270-odd equity MFs, 61 funds whose NAVs plunged to single digi…

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