In a fresh round of bad news for debt fund investors, ICRA has put six debt funds under rating watch. What should you, the investor, make of this rating action and what should be your next course of action? Read on to know what the developments mean for you.
The story so far
ICRA put six debt fund schemes—two from HDFC Mutual Fund, one from Aditya Birla Sun Life Mutual Fund and three from UTI Mutual Fund—on a rating watch with negative implications.