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Sebi regulations required fund houses to cap exposure to such papers at 10% of scheme assets

We need a few well-thought mutual fund categories of equity, debt and balanced

The daily AUM of such funds stood at Rs 74,709.11 crore in April, compared with `80,377.59 crore in March — declining Rs 5,668.48 crore.

The RBI took steps to inject more liquidity into the fund industry through bank loans after Franklin Templeton shocked markets by shutting six debt funds last month

Irdai has asked insurance companies to allow policyholders to pay their annual health insurance premiums on a monthly, quarterly or half-yearly basis, but not all insurance companies have provisioned for this facility and the few that have might not offer the option to all policyholders

Many wealth managers are asking their clients, especially those with deep pockets, to consider “investing’ in insurance plans that offer guaranteed returns in the wake of the ongoing crisis of confidence faced by the debt mutual funds.

Distributor's association asks regulators to extend direct credit line for industry.

Credit risk funds have seen assets decline by nearly Rs 19,000 crore in April as investors rushed to redeem their money after the closure of six debt schemes by Franklin Templeton Mutual Fund, data showed.

The global economy is already in recession. Travel and tourism, restaurants, movie theatres and scores of other businesses have suddenly come to a standstill.

​Recently, due to the coronavirus related lockdown, the tax department announced thatit would issue refunds of up to Rs 5 lakh immediately to tide over the financial emergency.

The market uncertainty that COVID-19 has introduced-with businesses across industries facing tremendous pressure-has naturally caused issues for both financial products manufacturers (eg mutual funds) and (mutual fund) investors.

Events such as losses, layoffs, unpaid leaves and salary cuts also affect us mentally, particularly in case of business shutdown. Layoffs or unpaid leaves for a long time can leave us extremely demotivated. This is where our self-belief matters the most; our belief in our self, our attitude and our capabilities.

If you are looking to invest with an investment horizon of five to seven years, you may invest in tax saving mutual fund schemes to save taxes this financial year.

The Coronavirus pandemic has hit the number of NFO requests from fund houses since January this year. There were 11 NFO filings in January, which fell to 6 in the March and to 2 in May.

From managing Rs 48,576 crore on April 30, AUM of 20 credit risk funds fell to Rs 36,008 crore by April 30, latest data from industry body Amfi showed.