ICICI Credit Risk Fund beats sector blues; logs 10.34% return

Ownership in credit risk funds was a must to be counted among the D-Street elite – at least until about a couple of years ago. Then came an avalanche of defaults, seemingly burying for good the new-found adventurism in India’s debt market where capital protection had always been taken for granted. Next to follow was Franklin Templeton’s decision to wind up six schemes. That unprecedented move a month into the lockdown announced to the world that

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