Business Standard

NAVs of debt funds with Yes Bank exposure tumble

Image

Capital Market

Certain debt funds with debt exposure to Yes Bank witnessed an over 5% decline in their net asset values (NAVs) in the week ended on Friday, 6 March 2020.

Nippon India Strategic Debt Fund's NAV declined 25.08% to Rs 10.52 as on 6 March 2020 as against Rs 14.04 as on 28 February 2020.

IDBI Credit Risk Fund's NAV declined 12.20% to Rs 12.08 as on 6 March 2020 as against Rs 13.76 as on 28 February 2020.

Nippon India Equity Hybrid Fund's NAV declined 12.09% to Rs 44.47 as on 6 March 2020 as against Rs 50.58 as on 28 February 2020.

 

Nippon India Credit Risk Fund's NAV declined 11.66% to Rs 22.79 as on 6 March 2020 as against Rs 25.80 as on 28 February 2020.

Nippon India Equity Savings Fund's NAV declined 9.69% to Rs 10.11 as on 6 March 2020 as against Rs 11.19 as on 28 February 2020.

Nippon India Hybrid Bond Fund's NAV declined 8.90% to Rs 37.13 as on 6 March 2020 as against Rs 40.76 as on 28 February 2020.

UTI-Credit Risk Fund's NAV declined 7.52% to Rs 11.74 as on 6 March 2020 as against Rs 12.69 as on 28 February 2020.

PGIM India Credit Risk Fund's NAV declined 6.66% to Rs 13.90 as on 6 March 2020 as against Rs 14.90 as on 28 February 2020.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 09 2020 | 12:53 PM IST

Explore News