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?
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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