Investors in debt mutual funds have had a rough last couple of years. As credit risk surfaced in debt funds, starting with the ILFS fiasco to the latest Vodafone Idea story, funds shaved off not only the gains but also the principal amount, sending investors into panic mode. Now you could be someone who has […]
[HNI Taxes] Should you switch from dividend option to growth in your debt funds?
As per Budget 2020, dividends are now taxable in the hands of investors. There will be no Dividend Distribution Tax paid by the companies or mutual funds. Additionally, there is a TDS of 10% if the dividend paid is more than Rs. 5,000 in a financial year. Given the new tax rules, should you switch […]
[Update] Franklin India Ultra Short Bond Fund – Vodafone Idea Impact
If you are an investor in the Franklin India Ultra Short Bond Fund, here is an update from the fund house you should note. This is to inform you that in accordance with SEBI regulation on creation of segregated portfolios (side pocketing), we have received Board of Trustees approval to create a segregated portfolio in […]
Will you get safer debt funds with SEBI’s new measures?
You are well aware of the problems debt funds have been facing in recent times. I won’t be surprised if you say that you don’t trust debt funds anymore. In fact, I would agree. There are pros and cons to all investments. Debt funds are no exception. Over time, SEBI has introduced various measures to […]
The RA-RE event hits debt mutual funds
ICRA, the credit rating agency, yesterday made rating downgrades to two NBFCs, Piramal Housing Finance and Edelweiss Group companies. The reason cited is that they have a significant exposure to real estate sector. The last 1 year has witnessed several rating downgrades. ILFS, DHFL, Reliance Capital and now Piramal and Edelweiss. That is our RA […]
