Debt mutual funds had a tough year in 2019. Though the IL&FS default started in the previous year, a series of downgrades and likely defaults involving big names like Essel Group (or Zee Group), DHFLNSE -3.44 %, among others, saw conservative debt mutual fund investors gasping for breath. The market regulator Sebi promptly tweaked investment and valuation norms to make debt mutual funds safer for these investors. Will they regain the lost glory?
Nine big financial changes that you must watch out for in October
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