Mutual funds wrap: Is HDFC MF#39;s decision to buy out Essel Group#39;s paper at a fair value?

This conundrum explains why SEBI has now decided to do away with all methods of valuation except mark to market method. This now takes away misuse of discretion out of MF hands.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/mutual-funds-wrap-is-hdfc-mf39s-decision-to-buy-out essel-group39s-paper-atfair-value_12746421.html