The world of debt mutual funds can be a fairly confusing one. There are 16 different debt fund categories as outlined by market regulator Securities and Exchange Board of India (Sebi).

There is interest rate risk, which you need to be aware of and there is credit risk that could seriously damage your returns if not gauged properly.

That's where a good debt fund manager comes in - someone who can do all the thinking and vetting for you, ensuring reasonably steady returns.

On this week's edition of Money Money Money, Ashish Shanker who heads the private wealth division at Motilal Oswal, discuss the world of debt mutual funds.

Disclosure:

Motilal Oswal is is one of the four launch partners of CNBCTV18.com.

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First Published:Jul 31, 2018 8:22 PM IST