Mutual fund advisors are asking their clients with investments in long term gilt mutual fund schemes to get out of them before it is too late. The long-term gilt funds have been going through a bad phase since the Reserve Bank of India changed its monetary stance in February 2017.
“We have been asking the investors to get out of these schemes for the last six months. Since a lot of investors don’t believe that debt funds can be risky, their capital might be in danger,” says Puneet Oberoi, Founder, Excellent Investment Advisorz.
