Debt mutual funds had exposure worth Rs 193 crore to bonds of Coffee Day Group as on June 30, 2019. Three fund houses – DSP Mutual Fund, Indiabulls Mutual Fund and BOI Axa Mutual Fund – have exposure to the group through debt securities of Coffee Day Natural Resources and Tanglin Developments. Their exposure came under the spotlight after VG Siddhartha, founder of the Cafe Coffee Day (CCD), went missing amid speculation about rising debt obligations.
Mutual funds said their exposure to the g ..
