IDFC’s mutual fund biz attracts interest from peers, market veteran

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Credit: VCCircle

Non-banking financial company IDFC Ltd has found several takers for its mutual fund unit — albeit at a lower valuation — as it presses on with a plan to sell non-core businesses, two people familiar with the development told VCCircle. IDFC Asset Management Company Ltd (IDFC Mutual Fund) has held talks ......

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