This is not the first time a mutual fund is saying it doesn’t want your money. If the fund manager sells under duress, it could hamper performance. Assume the fund manager wants to invest in the 350th-ranked company: Jet Airways (India) Ltd. Once we find investing opportunities, we may reopen the fund,” said Vinit Sambre, DMCF’s fund manager. “A fund manager is the best person to decide the optimal corpus that can be deployed without diluting fund strategy,” said Roopali Prabhu, head of investment products, Sanctum Wealth.

Source: Mint February 19, 2017 12:16 UTC