HDFC AMC pays Rs 4.2 crore to market regulator Sebi to settle Essel Group case

The regulator has settled this dispute with HDFC Mutual Fund after it said that it has already compensated investors of the affected mutual fund schemes for Rs 4.4 crore and that the settlement amount would be paid out of the funds of HDFC AMC and that the liability would not be passed on to the unit holders.

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