Page 6 - Debt Funds

What makes managing debt funds a challenge for mutual funds industry

In the last couple of decades, the regulator has had to constantly tinker with the guidelines but new problems have cropped up every few years

HNIs tap new ways to protect debt investments amid record fund raising

Many are looking at covenants previously available only to institutions, such as first loss default guarantees. Covered bonds also gaining in popularity

Karnataka High Court defers judgement on Franklin Templeton case

The asset manager said last week that its six shut schemes had received Rs 8,262 crore from maturities, pre-payments and coupon payments after closing down in April

Best of BS Opinion: Beyond FCRA, raise demand via govt spending & more

Here's a selection of Business Standard opinion pieces for the day

MF sector adds 560,000 investor accounts in July, debt funds gain traction

Of the total new folios last month, more than 400,000 were added in debt funds

Stride Ventures provides debt fund of Rs 15 cr in lending platform ZipLoan

Stride Ventures on Wednesday said it has provided a debt fund of Rs 15 crore to ZipLoan, a technology-enabled lending platform that provides loans to micro, small and medium enterprises (MSMEs). "This is Stride's first foray into fintech (financial technology) lending, and the amount will be disbursed in two tranches. The investment underlines the firm's commitment to leverage traditional banking capital to cater to the start-up ecosystem," according to a statement. ZipLoan caters to the need of working capital loans for kirana stores and micro industries. Its proprietary platform ZipScore, which tests credit worthiness of a borrower, has helped maintain non-performing assets at under 3 per cent, the statement said. "We are excited to partner with ZipLoan in their pursuit to revolutionise lending to small business owners. It is our endeavour at Stride to make credit accessible and efficient, as we try to prevent equity dilution and make entrepreneurs truly 'Aatmanirbhar'," Stride ..

Debt MFs inflow at Rs 1.1 trn in June qtr, liquid schemes account for 80%

The positive inflow pushed the asset base of debt mutual funds to Rs 11.63 trillion at June-end from Rs 11.5 trillion at the end of March, according to data with Association of Mutual Funds on India

RIL deploys Rs 35,000 crore from Jio stake sales into debt funds

The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of three-to-five year maturities

Trying to resolve legal issues, return investor's money: Franklin Templeton

In a letter to investors, Franklin Templeton MF President Sanjay Sapre has updated them on the winding up process of six debt income schemes

Investment in debt mutual funds can help investors: Crisil Research

It said credit profiling, liquidity profiling, diversification of profile and sector profiling can help investors who are looking at debt MF investments

E-vote on winding up Franklin Templeton MF's debt schemes suspended

The unitholders' meet that was to be held on June 12 has also been deferred

Debt fund managers bet on shorter duration play to ride RBI easing

Fund managers expect yields to remain elevated at the longer-end of the yield curve in light of government's borrowing plans

Franklin chief says tightening of unlisted debt added to pressure

Sebi regulations required fund houses to cap exposure to such papers at 10% of scheme assets

PhonePe launches Super Funds to help users in long-term wealth creation

The Super Fund identifies and invests in top funds across various categories and asset management companies

Don't chase higher yields, avoid risk and stick to safer categories

Stick to solid banks and shun both credit and duration risk in debt funds

Franklin crisis: Hindsight is 20-20, but key manager could have done better

Troubles with India's illiquid debt market have plagued Franklin Templeton since inception

Equal treatment

Govt should not tax two forms of debt differently

RBI to open Rs 50,000-cr special liquidity window to support mutual funds

The liquidity strains have intensified in the wake of redemption pressures related to closure of some debt MFs and potential contagious effects

Franklin fund of funds to re-jig debt allocation post-exit window

Exposure to wind-up schemes at marked-down valuations to continue

Retiree investors in wound-up Franklin schemes fret over repayment timeline

At least 30% of assets of wound-up schemes in unlisted securities