 "Mutual funds, Stock markets, liquidity")
Four schemes of Birla Sun Life Mutual Fund (MF) saw gains in their net asset values (NAVs) after CARE Ratings decided to upgrade IL&FS special purpose vehicle (SPV) Jharkhand Road Projects Implementation Company (JRPIL).
The biggest jump in NAV was reported in Birla Medium Term Plan, which saw an uptick of 3.98 per cent on Wednesday. It was followed by Birla Dynamic Bond Fund (0.9 per cent gain), Birla Credit Risk Fund (0.6 per cent), and Birla Short Term Plan (0.4 per cent).
CARE Ratings on Tuesday
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