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Pramod
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| 12 November 2008, 21:52:00 |
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yes some fund houses collect the money and invest in corporat companys bond which companys rating is bad by crisils. and naturally, the fund house cant get the returns which is expected. secondly, the gap between the maturity of fmp and the period of maturity in which they invest dosnt match so they can book the loss. |
