Nivesh Lakshya Fund is timing and interest-rate agnostic, says Prashant Pimple of Nippon India MF

Nippon India Nivesh Laksya Fund has caught the imagination of many individual investors. Many of them want to know the details of this long-term gilt fund. Most mutual fund advisors ask their clients to stay way from long-term debt funds, as these schemes are extremely sensitive to interest rate changes and one has to time the entry and exit in them to maximise returns. What is even more remarkable is that investor are asking about a risky long-term product at a time when everyone has turned ext ..

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