Dhirendra Kumar, CEO, Value Research, talks to ET Now about the liquidity issue, recycling of IL&FS bonds and why the liquid fund debacle has nothing to with the SIP flows into equity.
Edited excerpts:
Liquidity issue
There has been an accident in liquid funds. In the past, liquid funds were not supposed to go down in value on an overnight basis. The only time they did so was in 2008 when a provision ..