India’s Portfolio Managers Suffer Worst Loss In Six Months In June

India’s top portfolio managers suffered the worst loss in six months in June as shares of auto and consumer goods makers fell.The 50 largest portfolio management firms—that collectively manage close to Rs 1.16 lakh crore of investor money—lost 1.6 percent on an average last month, according to data compiled by BloombergQuint from the disclosures made to the market regulator. That’s the worst return since January when the firms—accoun...