“Interest rates in India are at a reasonable level. I am not saying they cannot move up higher, but I think it will start making sense to slowly start building duration in the portfolios even with that safe portion of capital. Of course, you must consider a few years’ perspective because what happened in 10 years now takes place in 7.5- 8 years, ” says Prashant Jain, ED & CIO, HDFC AMC.
India: Life market expected to grow by 15% in next 3-5 years
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