How To Tackle The Debt Fund Slump
  • Elizabeth George
  • Jul 23 2013

June 23: The Rs.6 lakh crore debt fund market panicked after RBI tightened the money market, with NAVs of guilt and income funds falling over 2% and some funds losing up to 4% in a day. With plunging returns from debt funds, is it time to panic or stay put? Mint Money’s Monika Halan and Bloomberg TV India’s Vivek Law say financial planning is about following rules and staying the course, not just jumping in on market timing.