That in turn led to amendments to the credit line which will materially reduce the
funds available to the Company — what began as a maximum
availability of $ 60 million has been reduced to $ 40.5 million, will be further reduced to $ 37.5 million effective July 18, 2010, and further reduced to $ 32.5 million effective January 2, 2011, with the outstanding balance under the line
becoming due and payable in full on March 15, 2011.
- Finally, low cost, high rate
of return and
availability in small units are other reasons why Indian mutual
funds are
becoming more and more popular with NRI investors.