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    Stuck In Quicksand

    Debt funds are in the line of fire for missing the danger signals and eventually falling prey to defaulting securities.
    by BusinessToday.In May 13, 2019 4 minutes

    Debt funds are fast losing sheen as they draw fire for falling prey to defaulting securities. A host of negative incidents such as fixed maturity plans (FMPs) not paying full maturity amounts, and erosion of debt funds' NAVs have put a question mark on their stability. This also makes them a weak link in the chain.

    The past 8 9 months have been particularly brutal for the debt mutual fund (MF) schemes, which manage Rs 11.63 lakh crore, due to a series of defaults in the Indian bond market. This is cause for serious concern as, according to Association of Mutual

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