Rajiv Thakkar, CIO, PPFAS Mutual Fund, has penned a note on the Covid-19 crisis. Here is his view on how the pandemic would impact your investments.
“Just as the virus is most harmful to people of fragile health, it will also be harmful to fragile businesses.
Excessively leveraged businesses in the discretionary space could face survival risk (say a hotel with lots of borrowing which was facing difficulty meeting interest and principal before the start of this crisis).
