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  • News From Press Stick to short duration schemes and FMPs, say mutual fund advisors as RBI hold rates

    Stick to short duration schemes and FMPs, say mutual fund advisors as RBI hold rates

    Source: Economic Times Dec 6, 2018

    The Reserve Bank of India (RBI) held key rates on its policy review today in line with the expectations in the money market. The central bank kept its key policy rates – repo and reverse repo – unchanged at 6.50 per cent and 6.25 per cent respectively. According to mutual fund advisors, debt mutual fund investors should continue to invest in short duration schemes and fixed maturity plans (FMPs).

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