ICRA Places Six Mutual Fund Schemes Under Rating Watch Over IL&FS Exposure
A passenger sits below an advertisement for the Mutual Funds Sahi Hai campaign by the Association of Mutual Funds in India (AMFI) at a bus stop in Mumbai.(Photographer: Dhiraj Singh/Bloomberg)

ICRA Places Six Mutual Fund Schemes Under Rating Watch Over IL&FS Exposure

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ICRA Ltd. placed six mutual fund schemes under “rating watch with negative implications” for their exposure to serial defaulter IL&FS group after its two operating arms sought a refund of debt paym...
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