Investors returning to credit risk funds, tweak debt fund strategy
Investors returning to credit risk funds, tweak debt fund strategy SECTIONS Share Synopsis The run on credit risk funds was triggered by the Franklin Templeton Mutual Fund’s decision to shut down six of its popular schemes last year due to huge exposure to lower grade papers. Industry experts are advising investors to tweak their strategy further. NEW DELHI: As rising bond yields have started eating into debt fund returns over the past couple of months, some investors have started taking bigger bets in the comparatively riskier funds in pursuit of higher returns. Monthly disclosure by Assoc...