Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History (Hindenburg Research)

[zmeltn]

@robert1981 Which fund is that? If there is a lock-in, you can't do anything about current investments. You can only think about a different fund for your future investments.

 

[robert1981]

@zmeltn Quant Tax. Yes, sadly locked in for 3 years i just hope shit doesn't hit the fan before that.

 

[sauiyt2]

@robert1981 Maybe write to your fund manager and ask for explanation as to how they were blind to the facts unearthed by a foreign firm? They are getting paid to do due diligence for you, so they owe an explanation.

 

[baptistbiblebeliever]

@sauiyt2 Quant Active Fund also has it in which I have running SIP
What's the best course of action I can take?

 

[duragrip]

@baptistbiblebeliever Stop the SIP. Wait for more updates and for volatility to ease before transacting.

 

[moppy]

@sauiyt2 Quant AMC trades mostly on technicals and macro. Don't think they do funda like the other funds.

 

[baptistbiblebeliever]

@robert1981 Quant Active Fund also has it in which I have running SIP
What's the best course of action I can take?

 

[robert1981]

@baptistbiblebeliever I too am asking people for advice here.

 

[madmadhatter]

@matt4 Not Sensex.

 

[eluid]

@torahman I'd say the opposite. I am a cynical mf and I believe India will always be corrupt so I put most of my life savings in Adani and Reliance after ~2017 and my portfolio is greener than Goa in monsoon.

 

[resjudicata]

@eluid That's a chad attitude to have lol.

 

[resjudicata]

Until one day it isn’t. It takes years to be green and a couple of days to wipe out them gains.

 

[whiteadw]

@resjudicata Looks like that day might be today

 

[luke]

@eluid Haha

 

[ashere]

@eluid Investing is an art, you take shortcuts , you’ll be cut short before you even realise it

 

[rebecca008]

@eluid Still green?

 

[eluid]

@rebecca008 Yeah -20% is nothing after +2000% lol. I am reducing my adani portfolio exposure though.

 

[mrmountaindew]

@torahman Well, if it’s an actively managed or a debt MF you always have an option to rebalance / switch. But, I was talking about index funds. Since the companies are part of the index, any funds investing in that index will invest in these companies.

 

[a8alphamale]

@torahman Just after the report, adani's stocks have already fallen down & the path is not looking good for them.

 

[uktom]

@torahman Time to drop Quant. All their funds invest in Adani.