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Coronavirus impact: Before you shuffle your debt funds, consider these two safe gems

Investing fresh money in debt funds now anticipating an impending interest rate cut may not be such a wise move

March 13, 2020 / 11:31 AM IST
Coronavirus impact: Before you shuffle your debt funds, consider these two safe gems

The turmoil in debt funds refuses to subside. After a string of credit rating downgrades and defaults in 2019, things continue to be grim for investors of bond funds. Barely a month after some fund houses segregated their holdings in Vodafone-Idea due to the stress in the telecom sector, came the news of Yes Bank’s troubles. While we await the fate of Rs 2810 crore worth of Yes Bank bonds (most of them are the controversial Additional Tier 1 bonds...

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