News From Press PMS debt assets double since FY15; investors seek reassurance on holdings

PMS debt assets double since FY15; investors seek reassurance on holdings

Uncertainty around the outcome of the ongoing Covid-19 pandemic and their impact on business is weighing on a number of businesses

Business Standard May 2, 2020

Portfolio management service (PMS) providers’ assets in the debt segment have been on the rise in recent years, and have doubled since 2015. Investors in this category have also been making inquiries about their funds amid the crisis at Franklin Templeton Asset Management (India). The mutual fund (MF) wound up six debt schemes amid liquidity issues. This has alarmed investors in other schemes as well.

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