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Floating rate funds a big draw as higher interest rates loom
Floating rate funds a big draw as higher interest rates loom
Investors looking to shield their debt mutual fund portfolios in a rising interest rate environment are putting money into floating rate funds. This category of funds received the highest inflows within the debt mutual fund category — of ₹23,734 crore — in the past three months as investors believe the interest rate cycle is set to reverse. Click here to read
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