An analysis of the daily rolling returns of five categories of debt funds that see high investor interest - low-duration, money-market, short-duration, corporate bond, and banking and PSU - shows that the number of instances of a debt-fund NAV dropping by 1 per cent or more in a single day has risen sharply in the last two years. It seems to have gone through the roof in 2019 and 2020 (see the chart below).
Nine big financial changes that you must watch out for in October
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