AMFI assures money in debt schemes safe
Apr 24 2020
News Category: Industry Update
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In the light of the latest announcement of winding up of six credit risk fixed income schemes by one of the asset management companies (AMC), the Association of Mutual Funds in India (AMFI) assured investors that majority of fixed income mutual funds AUM is invested in superior credit quality securities and schemes have appropriate liquidity to ensure normal operations. According to the press release, AMFI strongly recommends that investors continue to focus on their investment goals, consult their financial advisor and not get side-tracked by an isolated event in a few schemes of one fund company.

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