Posts Tagged “debt”

UTI, Nippon India Mutual Fund set aside Voda Idea debt

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UTI, Nippon India Mutual Fund set aside Voda Idea debt

Mutual funds invested in the debt of Vodafone Idea, the telco that must pay the government Rs 53,000 crore in dues, has begun segregating those investments into a separate portfolio after the company’s creditworthiness was downgraded in light of the stressed finances. UTI Mutual Fund and Nippon India MF Monday decided to create a segregated portfolio, following…

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Lease rent dues of an immovable property not ‘Operational Debt’ under IBC, NCLAT

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Lease rent dues of an immovable property not ‘Operational Debt’ under IBC, NCLAT

The National Company Law Appellate Tribunal (NCLAT) has held that the lease rent dues of an immovable property does not fall within the ambit of ‘Operational Debt’ under the Insolvency and Bankruptcy Code, 2016 (IBC). The Order was passed by a three-member Bench of Member (Judicial), Justice AIS Cheema and Members (Technical) Kanthi Narahari, VP Singh in an appeal…

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Should you get a personal loan to pay off credit card debt?

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Should you get a personal loan to pay off credit card debt?

In a perfect world, no one would need to take out a loan to consolidate and pay off debt. In the real world, however, there are times when borrowing money is the only way to dig your way out. This is mostly due to high interest rates on credit cards. With the average credit card APR currently…

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A debt that goes beyond property transaction

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A debt that goes beyond property transaction

. Small causes courts which try ‘cheque bounce’ cases under the Negotiable Instruments Act, do not allow cases which relate to property transactions. The cheques paid for purchase of property which are dishonoured do not come under Section 139 of the Negotiable Instruments Act. However, a case filed in 2016 recently disposed (August 30) was unique for this…

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Find the best debt fund match for different needs

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Find the best debt fund match for different needs

More and more retail investors are now buying debt funds. Over 50% of the debt fund assets come from retail investors, according to data from the Association of Mutual Funds in India, and the number is growing. If you are looking to invest in debt funds but so far have only dealt with fixed deposits, you may find it overwhelming…

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Debt mutual funds with Zee exposure send investors into a tizzy

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Debt mutual funds with Zee exposure send investors into a tizzy

MUMBAI: Worries about the prospects of debt mutual funds holding securities of Subhash Chandra’s Essel Group entities have resurfaced after Kotak Mutual Funddelayed full redemption in several fixed maturity plans (FMPs), sparking a scramble among investors to check if they too have any exposure to such paper. Wealth managers said investors have turned jittery about the repayment capabilities…

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Worried about debt mutual funds? Here are some helpful tips

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Worried about debt mutual funds? Here are some helpful tips

Many mutual fund investors are worried about their investments in debt mutual funds as the interest rate and credit risk worries gather momentum. Mutual fund advisors say many investors, especially those practicing DIY investing, are asking for help over forums and through calls. “New investors trying to enter the debt segment and investors who manage their portfolios by themselves…

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