Four of the biggest NBFCs papers- Indiabulls Consumer Finance, JM Financial Credit Solutions, Manappuram Finance and Srei Infrastructure were under-subscribed by 73-80% between September 2018 and June 2019.

Six mutual funds have a total exposure worth Rs 6,300 crore to the Chandra-led group; the group company needs to pay another instalment of Rs 3,700 crore by September 30

The Subhash Chandra-controlled Essel Group was given time till September to de-leverage or pare its debt pile of Rs 13,000 crore, of which Rs 7,000 crore is owned to mutual fund investors. The Group announced that the proceeds of the Zee Entertainment stake sale deal will be utilised to pay off its debt.

Despite the net inflow, the net assets under management (AUM) of all mutual funds decreased by over 8 per cent month-on-month to Rs 23.79 lakh crore in end-June

Net outflows from debt-oriented schemes were more than Rs 1.71 lakh crore in June against inflows of Rs 70,119 crore in May, the data by Association of Mutual Fund of India (AMFI) showed.

RBI had received a reference from customs authorities regarding submission of forged bill of entries (BoEs) by certain importers to the bank for remittance of foreign currency

Extending previous session losses, Reliance Infrastructure share price declined as much as 16.90 per cent to hit a record low of Rs 46.95 on the BSE

The fund house's liquidity arrangement, to be put in place shortly, covers certain fixed maturity plan (FMP) schemes with exposure to the Non-Convertible Debentures (NCDs) issued by two subsidiaries of the beleaguered group, Edisons Infrapower & Multiventures Private Limited and Sprit Infrapower & Multiventures Private Limited

HDFC Asset Management Company share price fell up to 6.67% to Rs 1,801.05 level compared to the previous close of 1,929.75 level on BSE.

This is being done to augment risk management practices in view of the increasing role of non-banking financial companies (NBFCs) in direct credit intermediation

Both the state as well as the Centre will contribute Rs 1,466.2 crore each for the project, while the rest of the amount would be raised through loans

Securities and Exchange Board of India (SEBI) has sent two show cause notices to HDFC Asset Management Company regarding the investments of its Fixed Maturity Plans (FMPs) in debt instruments of the Essel Group, which is reeling under heavy debt.

Debt funds are in the line of fire for missing the danger signals and eventually falling prey to defaulting securities.

Experts say it was bound to happen as the Essel group issue was highlighted two months ago and it's not a new problem. There is nothing much that investors can do.

Business Today caught up with Shah to understand the rationale behind the move that runs the risk of denting investor confidence in debt mutual funds

With an overhang of global and domestic cues, it looks like the equity markets may challenge on hand. Fiscal year 2018-19 is obviously not going to be a year of straightforward positive returns on the index.

Indexation benefits make three-year FMPs a good bet.