How valuations in mutual fund business have slid in India

By Jyotindra Dubey

  • 07 Mar 2017
Premium
Credit: Thinkstock

In December 2007, US investment firm Eton Park Capital Management LP purchased a 5% stake in the mutual fund arm of billionaire Anil Ambani’s Reliance Capital Ltd for about Rs 500 crore. That deal was struck at a valuation India’s hypercompetitive mutual fund industry hasn’t seen since.India’s mutual fund industry ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.