Were the Debt Problems Unexpected for MFs? – I: The Aditya Birla Sun Life Case
Over the past six months, one by one, several large investments of debt schemes of a few fund houses have gone bad or are about to go bad. These include investments in group companies of Infrastructure Leasing & Financial Services (IL&FS), (IL&FS Tamil Nadu Power, Jharkhand Road Project, IL&FS Education, etc. Large investment in holding companies of Dewan Housing & Finance is questionable,...
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