Mutual fund advisors are playing it safe and keeping a close watch on the debt mutual fund space to avoid any nasty surprises like the Franklin Templeton episode. They are regularly asking their clients to sell or stop investments in debt schemes they think are taking too much risk in the current market scenario.
“I don’t think investors would be able to stomach another Franklin kind of situation. We have been in touch with our clients, sometimes asking them to take money out of certain ..
