The recent announcement of winding down of six credit risk funds by Franklin Templeton AMC has resulted in concerns among mutual fund investors. We all hope that your portfolios are liquid & geared to get through the current market conditions.We have seen the markets undergo challenging cycles, and the markets have bounced back and AMCs with strong foundation, pedigree, market experience and fund management expertise have navigated through such temporary phases.
Over the past 12-18 months, financial team has worked methodically and diligently, evaluating every single credit over again, in each of the portfolios and cutting anything that we could remotely think of as credit risk. The experts have also curated a list of portfolios that you can invest in during this situation, including – Aditya Birla Sun Life Liquid Fund, Aditya Birla Sun Life Money Manager Fund, Aditya Birla Sun Life Savings Fund, Aditya Birla Sun Life Low Duration Fund, Aditya Birla Sun Life Corporate Bond Fund, and Aditya Birla Sun Life Banking & PSU Debt Fund. All these funds are invested with at least 80% of their assets in Sovereign & AAA rated securities as on 31st March, 2020.
No comments:
Post a Comment