As returns from debt mutual fund products that bet on the safest top-rated bonds shrink to the lowest in over a decade, there might be an opportunity in schemes that invest in securities with ratings a notch below the best.
With annual returns from short-term schemes like liquid, overnight and ultra-short-term at 3.5%-4%, fund managers and wealth advisors are recommending investors to consider medium-duration funds, which bet on a mix of the securities including the top-rated and the on ..