News From Press MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out

MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out

Fund houses have particularly pruned exposure to troubled NBFCs

Business Standard Nov 14, 2019

The overall exposure of mutual funds (MFs) to non-banking financial companies (NBFCs) has dipped by 30 per cent since July 2018, the month after which the Infrastructure Leasing & Financial Services (IL&FS) crisis began to surface.

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