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Corpus Of Credit Risk Funds Shrinks By A Quarter Since IL&FS Collapse
The corpus of credit-risk funds has declined by nearly 25 percent.
16 Oct 2019, 09:56 AM IST
Until mid-2018, credit risk funds, which allowed investors to earn a higher yield in return for investing in higher risk debt instruments, were in demand. The pool of money managed by these funds was growing, giving hope to those who had long awaited a deepening of the Indian bond markets.Things have changed in the last one year. Assets under management of these funds have dropped, leading to a shrinking pool of capital that can go t...
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