Impact of DHFL Interest Payment Delay on Debt Mutual Funds

Paytm Money
Paytm Money
Published in
1 min readJun 5, 2019

As per the media news, DHFL has not been able to make the interest payment on few bonds which was due on 4th June, 2019. Hence, mutual funds holding DHFL bonds have taken a large haircut (write down of bond value) as per AMFI guidelines leading to a sharp single day drop in NAV.

Below is the list of open ended debt mutual funds which saw a significant drop in their NAV on 4th June 2019:

--

--

Paytm Money
Paytm Money

Hello India. Start Investing with Paytm Money. Download the App on Android or iOS: https://pytm.my