A spree of bond failures has shaken the confidence of investors, as such failures have resulted in mark down and side pocketing in many debt mutual fund (MF) schemes by a number of Asset Management Companies (AMCs), resulting in capital loss from investments in the trusted debt funds, which are used to park emergency and short-term money due to perceived safety on account of excellent past records.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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