Exposure to LIC Housing Finance in Mutual Funds

With CBI raiding / arresting officials of LIC Housing Finance and other PSU Banks, many investors may wonder what impact it will have on his / her mutual fund. Logically any mutual fund scheme which had exposure (rather huge exposure) to companies like LIC HFL, Central Bank of India, Bank of India,PNB etc along with real estate companies like DB Realty, India bull realty, Orbit corp and HDIL are likely to fall the most.

We have compiled a list of Mutual fund schemes which have invested in companies like LIC Housing finance which was the epicenter of this scam. These MF schemes are likely to see sizable fall due to the meltdown.