It has been a tough couple of years for debt funds, ever since the Infrastructure & Leasing Finance Corporation (IL&FS) crisis triggered a wave of bond defaults in 2018 and later.
What did debt funds learn and how did they cope in 2020? Through five charts, Moneycontrol tells you the tale of the painful lesson debt funds learnt from the credit crisis. But the big question is: Are debt funds out of the woods yet?