List of 18 Mutual Fund Schemes that has exposure to IL&FS
IL&FS Crisis has created big shock for stock market investors. While Govt has taken over the control, the risk is still not eliminated. Investors of direct equity stakes are thinking whether to exit from the stock market or continue to invest. Mutual Fund investors who have been thinking long term goals are watching carefully of everyday incident in the stock market now. What are the list of mutual fund schemes that has exposure to IL&FS group companies? Should you continue to invest in such mutual funds? Should you continue to invest in other mutual funds or exit from stock market now?
Also Read: Top International Mutual Funds to invest now
What is IL&FS Crisis?
IL&FS Crisis has tumbled the Indian economy. Few days back, NCLT judgement allowed Govt of India to take over the control of IL&FS and sack the board of directors of the group company. Till last Sunday, investors felt it would collapse entire mutual fund industry in India. With this move, there is new hope that things would get stabilized. If you want to know more about IL&FS Crisis, you can read it here.
List of Mutual Fund Schemes that has exposure to IL&FS
If you are mutual fund investor, you might be thinking which is the mutual fund scheme that has exposure to IL&FS group companies. Such mutual funds, list would help you to assess the risk what you are carrying now. Here are the list of mutual fund schemes that have invested in IL&FS commercial papers and related debt instruments. Most of the funds that invested in this group are short term debt funds or liquid