News From Press Will gilt funds’ ongoing rally continue? unlikely, say analysts

Will gilt funds’ ongoing rally continue? unlikely, say analysts

Fund managers believe the RBI has to cut interest rates sharply by another 50 bps.

Economic Times Jul 19, 2019

Gilt funds have been return toppers with 15.75% among debt funds in the last one year but fund managers believe a large part of the rally is done and it would not be possible to replicate the performance next year. Investors should not chase gilt funds now and stick to short-term or corporate debt funds, they advise.

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