Sebi asks MFs to hone due diligence, playing on debt funds
Mutual funds have to work on due diligence practices before picking up corporate bonds and should not just rely only on credit ratings given the rising defaults, Sebi chairman Ajay Tyagi said on Thursday.
Jun 29, 2017, 12:27 PM ISTMost equity-based MFs underperform in last 1 year: Report
In terms of returns to investors, most of the equity focused mutual funds in the country have underperformed their respective benchmark S&P BSE indices, for one year ended December 2016, says a report.
Mar 27, 2017, 16:30 PM IST