Debt mutual fund investors are slowly waking up to the risks involved in investing in debt mutual funds. Many investors got a rude shock when some fund houses like JP Morgan and Taurus Mutual Fund got into big trouble after rating agencies downgraded the papers they were holding. A sharp fall in values of some debt funds after the Reserve Bank of India surprised the market was another wake up call for many. No wonder, everyone wants to know the right way to pick debt mutual fund these days.
