News From Press 8 schemes of ABSL Mutual Fund receive part payment from IL&FS’ SPV

8 schemes of ABSL Mutual Fund receive part payment from IL&FS’ SPV

Source: The Economic Times Sep 21, 2019

Aditya Birla Sun Life Mutual Fund has received payment towards overdues against exposure in special purpose vehicles (SPV) of crisis-hit IL&FS, ETNOW reported quoting sources.

The mutual fund house received an overdue amount of Rs 114.50 crore.

“Eight schemes have received part payment,” the report said.

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