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  • News From Press Debt funds downgrade: No reason to panic yet

    Debt funds downgrade: No reason to panic yet

    Source: Mint Jan 29, 2019

    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.

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