Problem for investors: 2.5% returns on FMP instead of 9.25%
  • WebDesk BTVI
  • Apr 11 2019

On FMPs caught in Essel group and as a result investors taking the hit, Harshvardhan Roongta, CFP, Roongta Securities, says the fund house should have written to the firm where they invested their money saying there are maturities expected in a short while and to take steps so that there is no overshoot of maturity time.