News From Press The NBFC crisis has dragged down AUM of debt funds, can they bounce back?

The NBFC crisis has dragged down AUM of debt funds, can they bounce back?

Source: Moneycontrol May 18, 2019

The much talked about crisis among the Non Banking Financial Corporations (NBFCs) has led to a fall in the share of debt mutual funds schemes in the composition of industry assets.

According to the latest data from the Association of Mutual Funds in India (AMFI), the share of debt schemes has dropped from 34.9 percent in April 2018 to 29.3 percent in April 2019.

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