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Can you bet on ultra-short, low duration funds for short-term needs?
Can you bet on ultra-short, low duration funds for short-term needs?
Investors are putting money in ultra-short and low-duration funds as they anticipate hikes in policy rates by RBI in the coming months. According to data released by the Association of Mutual Funds in India (Amfi) for October, investors shifted their focus to overnight, ultra-short and low duration funds from liquid funds.
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