No AMC has over 10% exposure to debt funds, says Crisil
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. Updated: 14 Mar 2021, 04:35 PM IST PTI
Amidst the ongoing Franklin Templeton fiasco, Sebi had on March 10, asked mutual funds to restrict their exposure to additional tier I & 2 (AT1 & AT2) bonds to under 10% to reduce their risks in debt fund portfolios, in its bid to mitigate risks of retail investors
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MUMBAI :
Describing the Sebi move to cap the exposure of mutual funds to tier 1 & 2 bonds to 10% to mitigate the risks for retail investors as a positive step, a Crisil analysis has found that none of the AMCs is exposed to the risk though 36 schemes, mostly led by banking and PSU funds, do breach the new threshold.