Mutual fund advisors are asking debt investors to go for short duration funds as hopes of a policy rate cut by the Reserve Bank of India in the near term gathers momentum.
“We are suggesting investors to invest in a combination of short term and medium term strategies because on a risk and reward basis that seems to be much more prudent at this juncture,” says Lakshmi Iyer, CIO-Fixed Income & Head-Products, Kotak Mutual Funds. “Also, at least, the fear of rate hike is not there rig ..
