Falling interest rates have hurt equity savings and conservative hybrid fund (erstwhile monthly income plans) investors. It has been a double whammy for them. On the one hand, the expected returns are headed lower and, on the other hand, expenses are sticky at the higher end. Investors have to either make peace with low returns or invest in specific bond and equity schemes to benefit from lower expenses and thereby earn a bit more.
RBI not likely to cut interest rates soon; how this delay can impact bond investors, what they should do
Read More