I bought ICICI Preduential NASDAQ 100 MF some time back in the name of diversification…
I so happens that somewhere i read that this fund is not allowing any more people to buy it, and is also as seen on COIN platform they just have SWP option there…
Question is should i continue to hold this? Cause i assume the fund is bleeding AUM cause of daily withdrawal request from clients…
Secondly why does this happen when a MF stops accepting fresh money and why was there no mail from any authorities to their existing client?
Will it open back again? And why it closed in first place?
Any info will be helpfull
Thanks