Shocking for Debt Mutual Fund investors – Jindal Steel and Power securities downgrading

Shocking for Debt Mutual Fund investors - Jindal Steel and Power securities downgrading

Shocking for Debt Mutual Fund investors – Jindal Steel and Power securities downgrading Mutual fund investors think that income mutual funds (debt funds) carry low or almost zero risk as they do not invest in equity markets. Five months back, JP Morgan Mutual fund house has restricted redemption of their 2 debt fund schemes due to downgrading of Amtek Auto by credit rating agencies. Its schemes NAV have fallen due to this downgrading. Now one more shock to mutual fund […]

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