{
  "id": 14732920,
  "title": "Kotak MF suspends fresh investment in Medium Term, Credit Risk funds",
  "url": "https://urgent.news/2026/10/15/kotak-mf-suspends-fresh-investment-in-medium-term-credit-risk-funds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T15:56:53.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/kotak-mf-suspends-fresh-investment-in-medium-term-credit-risk-funds/article71589046.ece"
  },
  "original_language": "en",
  "account": "Kotak Mutual Fund has halted the acceptance of new investments in its Medium Term Fund and Credit Risk Fund as of Thursday. This move comes in response to a recent Supreme Court ruling that declared the Yes Bank's write-off of ₹8,415 crore in Additional Tier-1 bonds as illegal and arbitrary. The decision upholds a January 2023 Bombay High Court order. Both of these schemes had previously invested in Yes Bank's Additional Tier-1 bonds, which were valued at a nil market value during the Yes Bank's reconstitution in March 2020, according to the fund. Kotak MF has temporarily ceased both fresh lumpsum investments and fresh SIP/STP registrations in these funds. Earlier today, the fund house proactively suspended subscriptions in both funds as a precautionary measure to protect investor interests. The fund reiterated its commitment to acting in the best interests of its unitholders, noting that similar proactive measures have been taken in the past.",
  "summary": "The decision follows the Supreme Court judgement ruling that YES Bank’s write-off of ₹8,415 crore in Additional Tier-1 bonds was illegal and arbitrary",
  "key_points": [
    "Kotak MF suspends fresh investments in Medium Term and Credit Risk funds",
    "Supreme Court ruling declares Yes Bank write-off of ₹8,415 crore illegal",
    "Kotak MF protects investors by temporarily halting subscriptions"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}