INSUBCONTINENT EXCLUSIVE:
least a year, estimates provided by Morningstar Investment Adviser India show
The data include all types of debt funds that invest in corporate and government bonds of different maturities and that are sold to both
individual and institutional buyers.
The outflux, partly driven by companies redeeming investments to pay quarterly taxes to the federal
government, was accentuated by investors exiting funds holding riskier company debt, the data showed.
Cracks in the money market that
The credit profile of Indian firms slumped to the lowest in 16 months, a Care Ratings index showed, as the cash crunch led to rating
research at India unit of Morningstar Investment Adviser
month to soothe the frayed nerves may have little impact
