News From Press Super-rich holding more debt in portfolios amid the covid-19 jitters

Super-rich holding more debt in portfolios amid the covid-19 jitters

Wealth managers are typically averse to redeeming mutual funds at a loss

Mint Jul 1, 2020

Wealth managers are typically averse to redeeming mutual funds at a lossThe portfolios of the super rich in India have been leaning towards the debt amid the uncertainties due to the covid-19 pandemic in the country. This is according to the multiple family offices that Mint spoke to understand the investing trends among ultra-high net worth individuals and families.

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