Thousands of crores of investor money is stuck in Franklin Templeton Mutual Fund’s debt schemes. Investors are trapped in schemes from other fund houses too, though not in the scale of the Templeton melt down. So, why trust debt mutual fund managers again? While we expect fund managers to bring specialist knowledge and skills to manage credit risk, interest rate risk and liquidity risk in debt mutual funds, in many cases they have not met investor expectations.
Nine big financial changes that you must watch out for in October
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