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Tuesday, December 24, 2024 | 04:50 AM ISTEN Hindi

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Mutual funds as lenders? Sahi nahin hain

Anyone with a basic knowledge of financial markets would know the basic difference between banks and debt funds

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Debashis Basu
A few days ago, Aditya Birla Mutual Fund posted a message on its website about the Essel group, including Zee, gushing and extolling their brilliance as stock research reports generally do. “Zee is amongst the largest producers of Hindi programming in the world … library of 100,000 hours of content, reach of 670 million viewers … group is also vertically integrated, from program production, to broadcast to distribution. The Essel Group also has … a portfolio of roads, solar, transmission and waste management projects…”

The reason for the praise was that this fund house and many others were in a tight
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

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