News From Press Is IDFC MF up for sale, and should it worry you as an investor?

Is IDFC MF up for sale, and should it worry you as an investor?

Source:Moneycontrol Mar 24, 2018

The mutual fund business of IDFC is up for sale. That is the latest news in the asset management industry. Though the promoter has declined the report calling it 'speculative', the possible suitors according to the news report include big names such as Indusind Bank and CITIC CLSA. While IDFC is seen unlocking value for shareholders through the potential sale, the investors in IDFC schemes may be worried over the future of their investments.

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