Business News / Have you also invested money in mutual funds? RBI issued warning

Zoom News : Jan 12, 2024, 08:48 AM
Business News: Do you also invest money in mutual funds? If yes then this news is useful for you. In today's time, mutual is the best option for investment. Investment is made in this through SIP. Despite being linked to the market, SIP is considered a less risky investment than investing money directly in stocks. Although there is no guarantee of how much return will be received in this, but financial experts say that an average return of 12 percent will be available in SIP. But recently RBI has issued a warning regarding 24 schemes. Let us know what RBI said…

RBI issued warning

24 schemes of 17 mutual funds of the country are facing financial stress. According to the Financial Stability Report of RBI, investors have invested Rs 1.7 lakh crore in these open dated schemes. There may be further cash crunch. This means that there is a possibility of risk in the withdrawal of investors' money in these schemes. In such a situation, the fund house has been asked to immediately remove the risk. According to the RBI report, this stress was found in a three-month study between July and September.

Investing is risky

Stress testing of all 299 mutual fund schemes running in the country has been done. Investors have invested Rs 12.4 lakh crore in this. That means only 8% of mutual fund schemes are under stress. Under SEBI rules, stress testing of all open ended debt schemes is done every month. In this, all types of risks are studied, which also includes the risk situation arising at the time of withdrawal of money by the investors of the scheme.

SUBSCRIBE TO OUR NEWSLETTER