Wealth managers are suggesting that fixed income investors look at schemes with high exposure to AAA-rated paper, liquid and ultra-short term funds and tax-free bonds of PSUs available in the secondary markets.
“Investors are becoming risk-averse after the way events have played out in the past five months,” said Ashish Shanker, head (investment advisory), Motilal Oswal Wealth Management. He advises investors to invest 80 per cent in banking and PSU debt funds with AAA rating and a 20 p ..
