Equity has fresh competition. In volatility that is. Gilts have turned pretty volatile the last few months so much so, that at times, they behave like small-cap stocks! Debt markets have been swaying based on the season’s sentiment. Analysis of the movement post August last year shows the swings, thus reflecting the changing moods of the market. A year ago, it was all looking benign to the extent that some felt the RBI was behind the curve on cutting rates.
PMS or Mutual Funds? How returns compared
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