The Reserve Bank of India (RBI) pledge to maintain an accommodative stance means investors in debt mutual fund (MF) schemes will have to lower their return expectations. Within the wide gamut of products debt MF categories, money managers say, investors will be better off investing in medium-duration schemes. Also, other categories such as corporate bond funds, banking & PSU debt funds and credit risk funds could be considered by the investors, they add.
Nine big financial changes that you must watch out for in October
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