SEBI seeks clarification from Kotak MF and HDFC MF on schemes linked to Essel Group
Apr 12 2019
News Category: Regulatory Updates
As per media reports, Securities and Exchange Board of India (SEBI) has asked Kotak Mutual Fund and HDFC Mutual Fund to furnish details of how the fund houses are planning to repay investors of schemes that have exposure to Essel Group. The market regular aims to assess the different approaches undertaken by the two fund houses to deal with this issue.