A lot of retail investors have already lost a lot of money in YES Bank Vodafone-Idea stocks. There was 93% public shareholding in Lakshmi Vilas Bank with zero holding by mutual funds. If mutual funds are not holding any share in a particular stock, there should be some reason for that. Unfortunately, the value is zero and I do not think anyone is going to realise any money. With a market cap of just Rs 500-600 crore, the loss to the retail shareholders is not so great.
Source: Economic Times November 19, 2020 02:39 UTC