AIFs: Lesson from Franklin Templeton fiasco: Investors lap up AIFs to mitigate credit risk
According to Sebi data, the AIF industry has demonstrated robust annual growth of 30% during FY22-23. Category II AIFs, which include debt funds, stood out with the largest share of overall AUM at INR6.94 lakh crore in March 2023. However, AIFs come with their own set of risks. Hence, a proper risk-management framework is a must.
Santosh Kamath Franklin Templeton Franklin Templeton Mutual Fund Alternative Investment Funds Mitigate Credit Risk Sebi Data
Source: indiatimes.com