Marginal rise in 'against' votes by mutual funds on resolutions in FY20

Over 67,000 corporate resolutions were put before fund houses during the year

technology, market, investment, funds, Mutual fund, MF, equity, money, returns, growth, loss

Experts point out that share of ‘against’ votes by MFs is unlikely to see a sharp jump in near-term.

Jash Kriplani Mumbai
Domestic mutual funds (MFs) voted ‘against’ 2,500 resolutions proposed by India Inc across annual general meetings (AGMs), extraordinary general meetings (EGMs), and postal ballots in 2019-20 (FY20).

This took the share of ‘against’ votes to 3.84 per cent, marginally better than the previous financial year’s share of 3.76 per cent, showed the data sourced from

First Published: Jun 22 2020 | 7:43 PM IST

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