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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Why JP Morgan Mutual Fund house has restricted redemptions in 2 Debt Schemes?

JPM MF restriction redemption on Debt schemes

Why JP Morgan Mutual Fund house has restricted redemptions in 2 Debt Schemes? Last week, JP Morgan Mutual Fund house has restricted redemption for 2 of its Debt Mutual Fund schemes. This was shocking to mutual fund investors. This also indicates that even debt mutual fund schemes are not safe investment options. What exactly happened in this case? Why JP Morgan MF has put such restrictions on redemption of mutual fund units by its debt fund scheme investors. Can investors come out […]

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