Investors with a higher risk appetite can earn as much as over 14% by putting money in credit risk schemes of mutual funds after bond yields in October spiked due to the IL&FS issue. Credit risk schemes invest at least 65% of their corpus in debt securities with ratings of AA and below.
Invesco India Credit Risk Fund is currently yielding 14.83%, Aditya Birla SL Credit Risk Fund is returning 11.85%, BOI Axa Credit Risk Fund is at 13.32% and Reliance Credit Risk is at 11%. The final ..