News From Press RBI holds rates; What should debt mutual fund investors do?

RBI holds rates; What should debt mutual fund investors do?

The Reserve Bank of India held its policy rate in its monetary policy review held today in line with market expectations.

The Economic Times Aug 7, 2020

The Reserve Bank of India held its policy rate in its monetary policy review held today in line with market expectations. The repo rate, or the rate at which RBI lends money to banks looking for cover their short-term fund mismatches, currently standing at 4%. A pause on rate cut is considered bad news for debt mutual funds, especially long-term debt mutual funds. What should debt mutual fund investors do now?

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