The Reserve Bank of India slashed the repo rate by 25 basis points, its third rate cut in a row, on its monetary policy review on Thursday. A rate cut is a huge positive for debt mutual funds, especially long-term debt mutual funds. So, is it time for debt mutual fund investors shift to long duration funds and gilt fund? Or should they stay put in short duration debt schemes?
Most money market participants were expecting the banking regulator to reduce its policy rates by 25-50 basis po ..
