Debt mutual fund schemes holding bonds of Vodafone Idea could see investor exits following concerns over Vodafone Idea’s deteriorating financial health that has increased the risk of the company’s insolvency. With the telecom company’s owners — Aditya Birla Group and UK’s Vodafone — ruling out further capital infusion, mutual funds holding the firm’s securities are on the edge as any default could spark rating downgrades and erosion of scheme values.
Nine big financial changes that you must watch out for in October
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