Recently, a research note from Morgan Stanley said that RBI may go for three rate hikes from December quarter due to an expected recovery in private capex. A rate hike is always bad news for debt mutual funds, especially long-term schemes. Should debt mutual fund investors worry?
“It is well known for some time now that RBI will be increasing interest rates, and I think that the same has largely been discounted by the markets. We will have to see the inflation data as well to make it mo ..