Financial markets are dynamic. Things change over time. We used to consider mutual funds as very safe. They still are but defaults in debt market is impacting debt funds negatively. Any which way, It was difficult to sell debt funds to clients over bank fixed deposits and on top of that if a debt fund scheme nav goes down due to write-offs, it will become even more difficult to convince clients to invest in debt funds. As such, it’s important to scrutinize debt funds before recommending. Avoiding or ignoring debt funds is not the solution. Get the required knowledge to understand it. Look at the underlying portfolio. Don’t just select a fund on the basis of yields. A little lower return with higher safety is better. Also, diversify your investments in a few AMCs and funds.