Mutual fund experts have always held that dynamic bond funds are a great bet when the interest rates are in an uncertain territory. Since these schemes allow fund managers to take a call on the interest rates, the investors need not worry when they invest in a dynamic bond fund. Or so they said. However, in the current scenario, the theory doesn't hold, says Pankaj Gera, a certified financial planner.
Here is why Gera believes dynamic bond funds is not a great choice:
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