FMP Rescue Hits HDFC AMC Hard
  • WebDesk BTVI
  • Jun 18 2019

HDFC AMC has thrown a liquidity lifeline to MFP investors. The AMC provides up to Rs 500 cr liquidity to unit holders of FMPs which were affected by exposure to non-convertible debentures (NCDs) of Essel group companies. HDFC AMC share price fell today on account of liquidity infusion to FMP schemes with exposure to Essel Group. Vijay Iyer with more details on the story.