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Prudential Asset Management Company on Thursday said it invested Rs 334 crore in its credit risk fund in the December 2019 quarter, a move that may encourage investors to put in their money in the fund.
The fund house has invested Rs 256 crore in December and Rs 78 crore in October. Credit risk funds invest mainly in corporate bonds that are below the highest rating assigned by credit rating agencies.
“At ICICI Prudential, we convey a lot about our values and beliefs that are ingrained in the risk management practices and investment process that we use. Simply put, we walk the
