How Santosh Kamath skid on his bets.
Dear Balbir Singh Sooch,
  Santosh Kamath was the poster boy of the mutual-fund industry in the debt market till his fund, Franklin Templeton, was knocked out by the Covid-19 crisis. All by himself, Kamath built a new category of credit funds which invested in low-rated debt for higher returns. He had a penchant for taking big risks, but would often pull them off. However, this time the situation is unprecedented.
How Santosh Kamath skid on his bets.
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P.S.: Tomorrow being May Day, there will be no regular edition. Instead, you will get a curated collection of some of the best stories we carried recently.

Regards,
ET Prime Team