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  • News From Press How advisers dealt with crisis-hit clients

    How advisers dealt with crisis-hit clients

    Apart from calming clients’ nerves, financial planners have had to wrap their heads around covid-19’s impact on various investments and cash flows
    Mint Jul 21, 2020

    Covid-19 has hit not just incomes due to job losses and pay cuts, but also investments due to market volatility and falling interest rates. The S&P BSE Sensex corrected around 32% between 1 and 23 March, while some of the categories of debt funds, which were already grappling with multiple credit defaults and negative returns, got another blow after Franklin Templeton Mutual Fund shut six of its debt schemes.

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