Many money market pundits were hopeful of a rate cut by Reserve Bank of India (RBI) in the coming months after retail inflation hit 5-year low recently, but US Federal Reserve’s second interest rate hike this year has queered the pitch. A section of money market participants believe RBI may become cautious and delay rate cuts, while some believe that the central bank may go by the numbers and ease rates if numbers support it. Against this backdrop, what should be your debt mutual fund strategy? ..
