The debt mutual fund space is creating a lot of confusion among investors, especially the new ones. After a series of cuts in bank deposit rates and small savings, many new investors have started investing in debt mutual fund schemes. However, the complexity of the space is challenging most investors. Top mutual fund managers believe that these investors would fare well if they stick to an asset allocation plan in debt. "The best strategy to avoid volatility in the debt space at this point is having an asset allocation," said Amandeep Chopra, fund manager, UTI Mutual Fund, at a recent mutual fund conference.
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