You’re getting some money on your Franklin India debt units – here’s how!
You will soon be receiving money on some of the segregated Vodafone Idea debt units of Franklin India.
Vodafone
Vodafone’s impact on your debt funds – What now?
For those of you who did not follow us 2 months ago – we not only gave a timely caution but also gave exit strategies based on the exposure that you had to funds that held the Vodafone paper. Now, in the current scenario, if you are still holding the funds that had exposure, what should your strategy be?
Vodafone’s impact on your debt funds: Here’s what you should do
Recent developments in the telecom space holds the risk of pushing Vodafone’s debt instruments to junk/default status and a consequent erosion to NAVs of funds that hold the instrument. We tell you what funds are affected, and we recommend an exit on funds that have a significant holding in the instrument and suggest alternatives.