Debt mutual fund investors may be in for a treat. According to mutual fund managers, the Economic Survey point towards more rate cuts in the coming months. And a rate cut is always good news for debt mutual funds, especially long duration schemes and gilt schemes.
“The economic survey has painted a true picture of where the economy is today. Even in the rate cuts that we have seen, only 50 per cent of the transmission has happened. The growth slowdown is for real. We are still growing ..