Mutual fund advisors ask investors to stay away from dynamic bond funds

Dynamic bond funds are losing their appeal among mutual fund advisors. Even as debt mutual fund investors, especially those in the long-term schemes, are scurrying for cover after bond yields have started inching up, mutual fund advisors are asking them to stay away from dynamic bond funds. 

"Dynamic bond funds are best suited for a time when the interest rates are uncertain or when a layman cannot predict what is going to happen in the market. At a time when the picture is clear,

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