DSP Mutual Fund has claimed that it has received all pending dues from DHFL, said a company press release. As a result, the NAV of several debt funds of DSP MF has risen.
DHFL has settled its dues in three instalments. The first payments of Rs. 60 crore was made on June 25, 2019. This was followed by payments of Rs.15 crore on June 28, 2019 and Rs.75 crore on September 07, 2019.
The fund house had an exposure of Rs.150 crore to the commercial papers (CPs) issued by the DHFL.
Here are the changes in NAV of various schemes