SEARCHED FOR:UNRATED DEBT
Sebi asks MFs to create separate portfolios for unrated debt defaults
The directive comes against the backdrop of liquidity woes in the NBFC sector raising concerns about mutual fund investment in such stressed companies.
Sebi allows MFs to create segregated portfolio for unrated debt
For the purpose of this circular ‘actual default’ by the issuer of such instr...
Sebi may ask mutual funds to reduce exposure to unrated debt
Sebi, at a meeting scheduled today in Mumbai, is likely to take up issues relati...
Major debt fund overhaul on the cards at Aug 21 Sebi board meet
The markets regulator is likely to announce changes in the framework of liquidity funds.
Sebi wants MFs to invest only in listed securities; exposure to unrated debt to be capped at 5 per cent
Some further amendments have been proposed for approval of Sebi's board at its next meeting later this month.
Sebi wants MFs to invest only in listed securities; exposure to unrated debt to be capped at 5%
Exposure to risky debt securities has emerged as a major risk for the capital market investors.
Winding up of debt fund schemes by Franklin Templeton
Franklin Templeton Mutual Fund is the 9th largest mutual fund house in India and manages assets worth ₹1.16 lakh crore. Late Thursday, it announced winding up six of its debt mutual fund schemes with immediate effect.
Franklin Templeton Mutual Fund winds up 6 debt schemes
Other funds – equity, debt and hybrid – are unaffected by Franklin Templeton's decision.
Group of non-bank lenders to issue pooled debt instruments
This will help firms below investment grade access the liquidity tap since such joint effort would typically enhance their credit rating.
Investors in Franklin’s wound-up debt funds could face a big hit
Wealth advisers and mutual fund industry officials estimate that investors could end up taking a 20-30 per cent hit on what they have earned so far as Franklin’s recovery from issuers could be hindered due to declining health of companies on account of the lockdown-induced downturn and lower appetite in the market for riskier papers.
All you wanted to ask about your debt mutual funds after Franklin Templeton fiasco
Templeton has wound up $4.1 billion of debt funds after a liquidity crisis.
LIC Mutual Fund launches short term debt fund
LIC Mutual Fund announced the launch of LIC Short Term Debt Fund, an open-ended short-term debt fund scheme.
ICICI Prudential Credit Risk Fund: Fund review
The portfolio of the scheme is well-diversified which to a large extent reduces risks associated with concentrated exposure.
Essel Group strikes deal with lenders to avert pledged share crisis
The Aditya Birla Sun Life Mutual Fund is the biggest investor, with an exposure of Rs 2,936 cr.
Maxed out in federal debt, foreigners find new India target
States are due to sell up to 1.3 trillion rupees of bonds in the December quarter, as per RBI.