Debt mutual funds (MFs) have faced multiple headwinds in the form of defaults and downgrades since 2018, but the second wave of Covid-19 may not be one of them, even though it is expected to add pressure on the creditworthiness of India Inc. The industry appears to be better prepared this time around, thanks to the large concentration of top-rated papers in its portfolio.
Nine big financial changes that you must watch out for in October
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