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 […]
DSP BlackRock Money Manager Fund – How do the changes affect you?
DSPBR Mutual Fund recently sent out an information email to the investors of its debt funds including DSP BlackRock Money Manager Fund and DSP BlackRock Ultra Short Term Fund. As a result of the SEBI prescribed categorisation, the schemes are undergoing change in fundamental attributes. What should you do as an investor? What is DSP Blackrock Money […]
Change in Axis Treasury Advantage Fund – What should you do?
Axis Mutual Fund recently sent out an information email to the investors of its Axis Treasury Advantage Fund. The email mentions about a change in a fundamental attribute of the scheme and provides the option to investors to withdraw (in case they are not okay with the change) without paying any exit load. What is Axis […]