Investors in debt funds are a worried lot as uncertainty over the future of IL&FS and some of its group companies, which recently defaulted, are playing havoc with the credit market. Concerns over the impact of tight liquidity have already impacted NBFCs and housing finance companies with investors worried about the extent of exposure of debt schemes to these papers.
Data from mutual fund tracking agency Value Research show the mutual fund industry manages Rs 13.73 lakh crore of fix ..
