Over Rs 100-crore relief for ETFs as Yes Bank three-year lockup ends

The lock-in on 75% of shares had led fund houses to markdown holdings in ETF and index funds to 'zero', as per recommendation from valuation committee of Amfi

Abhishek Kumar | Mumbai
Last Updated at March 13, 2023 18:43 IST

Exchange traded funds (ETFs) and index funds stand to pocket over Rs 100 crore by liquidating shares of Yes Bank following the end of a three-year lock-in period on the lender’s shares on Monday.

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