Is there any concern to invest in debt funds

Hi, Mutual Funds are subject to various risk. We have different types of Debt funds. They invest in different fixed income securities which have their own set of risks. For example : Credit-risk funds that invest in securities with lower ratings. Credit-risk funds are debt funds which have at least 65% of their investments in less than AA-rated paper. So, higher the risk, higher the expectation on returns. One has to be very careful while picking a debt fund. Do not assume that debt funds are completely safe and risk-free. Not even Liquid Funds are totally risk-free...