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You know the story of the beggar who won a lottery? He immediately and got himself a Ferrari. When the salesman asked him what he would do in the Ferrari, the beggar told him, why, he would go begging in his new Ferrari, of course! The market seems to be treating YesBank, in very much the same...

What is the equivalent of hedge fund in India ? By Hedge fund I mean a trading/investing company in stocks which can accept money from people(mostly HNIs) and distribute profits after deduction of fees. I understand that this is different from mutual fund. Also The fund has to be managed like...