Relief for investors as mutual funds chose SpiceJet, IndiGo over Jet Airways livemint.com

As Jet Airways (India) Ltd moves from flight cancellations to a complete halt, mutual funds stand relatively well-positioned. Few mutual fund schemes are exposed to Jet Airways while there is substantial exposure to its competitors, InterGlobe Aviation Ltd and SpiceJet Ltd, who may benefit from the collapse. InterGlobe Aviation runs IndiGo, India's largest airline by market share.