Timing was good...luckily closed all bond funds last week...had especially high exposure to FT UST bond fund.
For record: Observe the impact of these type of events for future reference.
https://www.moneycontrol.com/news/b...-funds-due-to-market-illiquidity-5183701.html
Impacted funds:
- Franklin India Low Duration Fund,
- Franklin India Dynamic Accrual Fund,
- Franklin India Credit Risk Fund,
- Franklin India Short Term Income Plan,
- Franklin India Ultra Short Bond Fund, and
- Franklin India Income Opportunities Fund.