New Delhi:HDFC Securities platform on Thursday witnessed discrepancies in the Net Asset Values (NAVs) displayed for their mutual fund holdings with customers’ portfolios showing losses of up to 70 per cent. An investor said that upon checking their mutual fund portfolio in the morning, it showed a loss of around 30 per cent, amounting to nearly Rs 1 lakh. The entire portfolio had been in profit until Wednesday.

The investor said the portfolio consisted of two mutual funds. While the NAV of one fund was displayed normally, the NAV of the other had fallen by around 50 per cent, resulting in the overall portfolio showing a loss of around 30 per cent. The investor also said that upon opening the HDFC Securities app, a message appeared stating that the company was working on an issue related to mutual fund NAVs.