Should India be able to decouple itself from US Subprime Impact?

Tuesday, September 11, 2007

Market volatility leads to Rs 20K dip in MF assets

MUMBAI: Credit rating agency Crisil on Monday said volatility in the stock market on US subprime mortgage crisis concerns led to a sharp decline in assets of the mutual funds industry in August, even as it grew by over 50 per cent as compared last year levels.

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