What should a person who has invested in taurus debts funds do now,Exit with losses or do a wait and watch.And should a new investor purchase from this house?
Hold on the panic button. Let AMC and SEBI come up with solution. Any action you take now like withdrawal will lead to loss. Also, from taxation point of view, you can set-off such losses against other sources of income.
But please remember the learning that chasing star ratings or returns ends up in such fiasco.