The Reserve Bank of India has changed its monetary stance to 'accommodative' from 'neutral.' The banking regulator also cut its key policy rate, repo rate, by 25 basis points in its policy review on Thursday. Even as mutual fund managers and money market pundits are rejoicing RBI's change of stance, many debt mutual fund investors wondering what is the significance of the stance shifting to 'accommodative.'
ETMutualFunds.com spoke to a few key debt mutual fund managers to find out what ..